The Market

Prime central London property prices are becoming "more sober" as annual growth has now slowed to just +2% - down from +8.

Edinburgh's market is "still absorbing" the move to LBTT, notes Knight Frank, as prime property prices in the Scottish city nudged up by 0.4% in Q2. Annual growth has now slowed to +3.4% from +5.

Demand for property in prime central London has fallen by 3% since May, claims online estate agency eMoov, with over 60% of boroughs seeing drops of up to 37%.

"Investors in prime central London have reason to be positive this year," says London Central Portfolio, bucking today's trend for gloom-mongery.

Halifax's annual look at the net worth of a square metre of real estate across the UK has shown RBKC to be tickling £12k per m2.

The average property price in England and Wales didn't move in May, leaving the annual change at +4.6%, according to the latest from the Land Registry.

The RICS is working on plans to introduce a new Homebuyers Report, without the valuation bit.

Galliard Homes will pull back the curtains on an ambitious new Rolfe Judd-designed project today, billed as a "Manhattan-style vertical village".

The RIBA's Future Trends Workload Index nudged up only very slightly last month, moving from +36 in April to +37 in May.

Here's a nice little animation from the ONS to show just that. There were only a very few south eastern pockets with a median house price of over £300,000 20 years ago;

The former home of shipping heiress Christina Onassis has just hit the market in Mayfair Village with a price tag just shy of £6m.

Savills has "relaunched its weather balloon" into the post-election atmosphere to gauge the new temperature of the property market, taking the opportunity to urge all political parties to help avoid the…