Location: International

"Whatever your impression of Mayfair, maybe it’s time to think again," trumpets Chestertons as it argues that the area "is fast becoming a must-have area for wealthy youngsters."

A prime slice of South Audley Street is reportedly being sold off for a cool £80m.

Around 155,000 people moved home in the first half of this year, says Lloyds Bank; that's 9% fewer than in the same period last year, and less than half the number that moved in 2007's boom-time (327,600).

Gin Head, Near North Berwick, East Lothian, Scotland £3.5m

A ginormous house in a swanky suburb of Sydney has just sold for "between $60-$70m", making it the most expensive resi deal in Australian history.

"The number of Manhattan apartment sales greatly increased in the four weeks leading up to July 1," says New York real estate website City Realty from across the pond.

Savills has completed its acquisition of Sydney-based real estate agency Cordeau Marshall.

Rental values in prime central London have dropped - albeit by the smallest of measures - for the first time since February 2014. July saw PCL rents fall by 0.

"Asian cities are rising up the rankings," says Knight Frank, as seven of the top ten cities in its Prime Global Cities Index are now based in the Asia Pacific region.

December's Stamp Duty reform probably hasn't had that big an impact on the £2m+ property market, argues CBRE.

The expansion of the prime London property market is leading to growth opportunities in new areas of the capital.

Never short on marketing ideas, independent agency Wetherell has really excelled itself this time.