Existing homes are still struggling against the current market headwinds, according to new research.

The group saw both profits and turnover decline in 2023, although it highlighted a steady rate of sales.

Transactions remain just 3% lower than February 2023.

The current market is 'way out of kilter' due to the ongoing disparity in supply and demand of housing caused by the government, according to eXp UK.

Down valuations are on the rise as lenders look to shield themselves from continued market turbulence.

The region is home to almost 290,000 abandoned and derelict properties, according to a new study by Together.

Early signs for the market in 2024 are increasingly positive, with metrics for buyer demand, sales and new instructions all heading in the right direction.

CBRE looked at the most often suggested range of measures to improve housing supply and affordability in the UK and whether these are worth pursuing.

The UK is failing to deliver adequate housing supply, according to new research from CBRE

As ever, the property industry was quick to react to today's announcements (or lack of them). Here's what they're saying.