£5mn+ property sales remain ‘well ahead of pre-Covid norms’ in London, despite sharp drop last year

London’s top-end housing market is continuing its strong run, says Savills, with more £5m+ sales going through so far this year than in any full year since 2015.

More than 31,000 new private homes are in the planning pipeline in South East London, with property prices forecast to rise by some 17% over the next five years

At the halfway point of the year, new PrimeResi/LonRes data shows how far the London property market has cooled...