The Market

There are a record 475,647 homes in England which have been given planning permission but have yet to be built, says the Local Government Association as it calls for developers to pay full council tax…

There was an unexpected spike in pre-Christmas activity in Mayfair, says local estate agent Wetherell, as the firm bagged just shy of £50m in sales in the traditional holiday wind-down.

Savills has taken its tally of branches in the capital up to 36 with the launch of a new offering in W9.

A 27-year-old from China has reportedly shelled out over £25m for a mansion with views of Sydney Harbour Bridge. It's expected to be confirmed as the second biggest resi sale in Australian history.

Council taking a long hard look at its stance on amalgamations

While prime central London flatlines, the prime country market has been posting some meaningful growth in average values and transaction numbers.

The Surrey town of Dorking has been ranked as the #1 commuter hotspot to watch in 2016, after a survey of house prices and travel across the south east of England.

The whole tax regime in relation to resi properties is in a state of flux; all the more reason why landlords should be wary of rushing into things, says Scott Leonard...

Sydney will see the biggest rises in residential property prices of any prime global city this year, says Knight Frank, while Hong Kong, Singapore and Paris are all likely to see price drops.

Proving that 2015 definitely wasn't all doom and gloom, Thomas van Straubenzee and Rory Penn's top-end agency VanHan tucked away a raft of major resi deals over the last 12 months, averaging £16m apiece.

It sounds like vendors are starting to get the message that the market in prime central London has undergone something of a sea change.

Londoners bought 63,000 homes outside the capital last year, a chunky increase on 2014's figure of 38,000.