Location: London

Thanks to years of overuse, the term 'luxury' is arguably the emptiest word in the lexicon of prime property. So how do experts at the top end of the market define luxury these days?

It's the end of the rise for prime central London's property prices, says Marsh & Parsons. Q3 saw prices struggle up by just 0.5% as supply levels jumped by 13%.

The second half of this year "will be significantly below levels during the same period last year" warns Foxtons, as its Q3 turnover drops.

"A sharp rise" in private housing activity has pushed up construction workloads at the fastest rate since 1994, says the RICS.

Not only has the number of deals tanked, but the total value of all the properties sold across Knightsbridge, Belgravia, Chelsea, South Ken, Fulham, West Chelsea, Kensington and Notting Hill during Q3…

JLL Residential has strengthened its Middle East & North Africa capability with a senior appointment.

Going by Ed Balls' latest figures, it's unlikely that the proceeds raised from a Mansion Tax would make any meaningful contribution to an organisation that requires £100 billion a year to run, says…

Transactions dropped by nearly 5% between August and September, according to the latest batch of stats from HMRC. The seasonally adjusted estimate of the number of residential transactions fell by 4.

JLL, which recently teamed up with WA Ellis, has come out swinging at Labour's latest plans for a Mansion Tax, choosing to back the Lib Dem's modified version - a "pragmatic and deliverable" new top Council…

"The crowning jewel" of Foster + Partners' section of Battersea Power Station Phase 3 is a 355 metre long roof garden complete with a "dense forest" and allotments, 14 storeys up, designed by New York's…

ITV is apparently looking for new digs, which throws up the rather moorish possibility of its current home, The London Television Studios on 2.

UK nationals have overtaken US tenants as the dominant force in Virginia Water and Wentworth's rental market for the first time in three years, according to stats from local agent Barton Wyatt.