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NYC apartment sells for over $50m mid-lockdown
Buyer with nerves of steel signs on the dotted line for a full-floor unit at 220 Central Park South
Property sales have slumped by 70% since the lockdown
Transaction numbers have plummeted since the start of the Coronavirus lockdown, but homes continue to be listed for sale, says Zoopla.
From A Distance: The reality of remote buying
The concept of buying a property without setting foot inside is not a new one, says Jo Eccles, but doing so successfully requires intricate, specialist knowledge - and a great deal of trust between client…
Prime London’s property market was surging before the lockdown
Prime Central London saw its fastest quarterly rate of property price inflation in five years in Q1, before the Coronavirus hit.
Deal sealed on £7m townhouse in Little Venice
'There is an appetite from purchasers looking for value in these extremely difficult times', reports agency
Commission can now be included in furlough pay calculations
"Compulsory commission payments" can now be included in furlough pay calculations for the Government's Coronavirus Job Retention Grant Scheme
UK construction activity plummets
IHS Markit's closely-watched purchasing managers’ index saw its biggest fall on record last month, resulting in the lowest reading since April 2009
Labour’s new leadership announces housing team
Bristol West MP Thangam Debbonaire named as Keir Starmer's Shadow Secretary of State for Housing.
Six post-coronavirus trends for London’s prime property market
The market will bounce back by September but high street offices will be unviable in the new era of social distancing, speculates Utsav Goenka, founder of new prime property portal Vyomm...
Country markets & property management bolster Winkworth’s business
Estate agency network Winkworth managed "another good set of results against testing market conditions" last year, but warns that "it is too early to predict what the full effect" of the Covid-19 crisis…
‘Situation tenancies’ on the rise in virus-hit London
Concerned PCL agency estimates that up to 25,000 people could be displaced by the current crisis, and left in urgent need of short-term accommodation...
£11m price cut for ultra-prime Knightsbridge church conversion
Launched at £55m last August, the remarkable St Saviours House is now asking £44m with virtual viewing options aplenty