Home sellers have no choice to but to slash asking prices to entice buyers by high interest rates, a new report has found.Some 23 percent of homes on the market in November had had their price cut since first being listed, according to property site Zillow. Researchers said the number was 'abnormally high' for the time of year. The trend was attributed to elevated mortgage rates, which have fallen slightly in recent weeks but remain above 7 percent - making payments on a typical home around $1,000 a month more expensive than two years ago.
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