‘Commitment to move home’ hits highest level in over a year

Values & volumes in the £15mn-plus sector set to rise further over the next 12 months as more global billionaires put down roots in the capital.

While studios and small flats have struggled in the cooling conditions, foreign buyers have been driving the market for certain family-suitable homes, reports Benham & Reeves.

Recovery will be 'slow and steady rather than spectacular', says high-profile agency.