London’s luxury house price growth “is probably unsustainable” – Grosvenor

On to the really big picture now, and Knight Frank’s Global House Price Index has recorded a 6.6% rise in average prices in the year to March, the highest rate of growth since Q2 2010.

Euro buyers have been grabbing £26,000 discounts on London property, says Stirling Ackroyd, as EU Referendum nerves caused sterling to nosedive in June.

Outbound investment from China to London has ballooned over the last 12 months, making it the most popular global destination for Chinese investment after a series of pushes from Mayor Boris et al to make…