Location: United Kingdom

'It looks increasingly unlikely that the lettings market will return to any sense of normality this year', says Knight Frank.

Plc has received several expressions of interest that it 'wishes to pursue in a coordinated fashion', after announcing a strategic review last month.

'The quality and cost of housing is one of the biggest issues facing the country,' says CMA boss.

House prices have soared by an average of over 20% since the onset of Covid-19, reports Halifax, with huge variations driven by a 'fundamental shift in buyer demand'.

Demand is holding up and price declines appear to be bottoming out, reports Knight Frank.

Capital Economics expects house prices to fall by 10-15% - but the impact on the wider economy may not be as severe as in previous property market downturns...

A 'soft reset in house prices continues,' says Zoopla, as sales supply improves and vendors cut price expectations.

A whopping 91% of residents voted yes to the regen of Ebury Bridge, as council moves to 'give local communities more say on the future of their area'.

'Investing in the housing market was never a short-term play', says DM Hall boss John McHugh, as he provides a sit-rep on a slow start to the year for the Scottish property market.

Douglas & Gordon has reportedly called in administrators, a year after the property sales operation was offloaded by Foxtons.

Overseas buyers accounted for 39% of purchases in Prime Central London last year, down from 55% in 2018.

Recently-renovated Grade II listed townhouse on Chapel Street is one of the area's largest private homes.