London’s house price to earnings ratio hits all-time high

UK HPI: Annual rate of growth in the capital hits -1%, the lowest rate seen since September 2009...

Property prices in UK cities have risen by an average of 2.9% in the last year, reports Zoopla; the number of London postcodes recording price falls has dropped from 82% last year to 23% in October.

'This has been the most encouraging start to the year we’ve witnessed since the EU referendum result', says Chestertons boss Guy Gittins, but there's still no sign of a pick-up in supply levels...