The Market

South East and North East now showing annual declines, says LSL/Acadata, as capital posts biggest annual fall since August 2009; double-digit drops in RBKC, City of London, Wandsworth & Camden

Knight Frank and Strutt & Parker predict a 0.5% rise in prime central London rents in 2018, following a 2.1% drop last year

Millennials are beginning to pass on the rental bill to 20-somethings, says Countrywide

Zoopla adds "When could your home be worth £1m" tool; charts seven-figure hotspots around the country

Higher-value transaction numbers in London recovered through 2017, say Knight Frank and Strutt & Parker

Analysis reveals average new-build sales per annum up 88% in the last ten years; average sale price up 125%, compared with 71% for second-hand stock...

Transaction levels and prices holding up above £2m; withdrawal rates peaking in Prime Fringe areas

Rents rise in PCL and Prime London as supply slows; £3,000 pw plus deals up by quarter on Q4 2016

Prime resi markets are "experiencing particularly challenging conditions"; surveyors report that two-thirds of £1m+ properties are selling for less than their asking price

Coutts & Co summarises the key takehomes from each area...

Buying agency picks out five parts of town where average trading values have dipped below the £1,000 per square foot threshold...

City Hall wants new-build homes under £350k to be sold exclusively to UK buyers for three months, and is developing a 'Homes for Londoners' property portal