So even committed buyers focussed on their long-term housing needs and interests will back away. Simon Maude The economy is reeling from coronavirus, but it's not all bad news for property prices. This action gives people time to change their circumstances and will greatly reduce the number of what we call "weak" sellers in the market. It's a messy picture and no-one on the planet has experience of what usually happens in economies, let alone housing markets, when there is a pandemic. But the long-term fundamentals of our housing market don't look to have much changed.

Source: Stuff March 28, 2020 16:01 UTC