The Market

Knight Frank's latest Prime Global Cities Index came in at +2.6% in Q2 - down from +4.1% in Q1, and under half the five-year average annual growth rate.

Portal points to which local markets could see the biggest changes as Labour's tax hike for private schools becomes a reality.

Tom Bill explains how the property market landscape has altered over the last 90 days, and why the next three months will provide some more clarity about the longer-term prospects.

'The rental sector has become much more expensive and unpredictable for landlords over the last decade,' says TwentyCi.

Fresh LonRes data show a continued high level of price reduction activity in London's prime postcodes.

But Zoopla is warning sellers against ambitious pricing, with over-priced homes take more than twice as long to sell.

'Those with the broadest shoulders should bear the heaviest burden,' said the Prime Minister.

'Falling mortgage rates are starting to turn the tide on the rising number of first-time buyers leaving London,' says Hamptons.

Valuations were up last month, according to Chestertons, although buyer interest dipped in advance of the BoE's big interest rate announcement.

Dubai's sales market continues to outperform, but there are concerns over a potential bubble unless supply can keep pace.

Short-term property finance is becoming more prevalent.

A round-up of forecasts suggests economists are feeling much more positive compared to last month and to last year.