Location: London

As median home prices across the US finally return to the kind of levels last seen in 2004, sales of New York's multimillion dollar resi properties have rocketed.

An agreement between privately-owned developer Galliard Homes and new US private investment firm Cain Hoy Enterprises is set to create London's largest house builder, with a £3.4bn portfolio.

The British Institute of Interior Design (BIID) has moved its main office from the Design Centre, Chelsea Harbour to Bonhill Street, between Clerkenwell and Shoreditch. The new address is:

CBRE has reported 60% spike in sales in Q3 this year compared to last in Midtown - twixt Mayfair and the City - as buyers look beyond Mayfair and Knightsbridge.

Fifth Capital London has reportedly landed a two-acre swathe of Battersea with designs on a £200m resi scheme.

The Soho Works Estate, a half-acre site fronting both Great Marlborough Street and Poland Street, has just been listed for sale with a £67.5m price tag.

The Malins Group has bought a slice of Covent Garden to turn into four high-spec apartments.

Knight Frank has just opened the doors to its new office on Barnes High Street, SW London.

Wilton Street, Belgravia £14.25m

Homeowners still tend to think that the value of their property is on the up, although "there is a clear shift towards a more moderate view of current and future price growth potential," says Knight Frank.

It looks like the King's Road option, rather than the World's End, is the front-runner for the location of a new Crossrail 2 station in Chelsea.

Former England cricket captain Michael Vaughan has gone into bat for property management firm Capital Properties as its Leadership & Development Director.