This report summarises key trends in London’s housing market, including prices, affordability, repossessions and new housing construction. The data presented is the latest available as of mid August 2012, and the report should be read with the caveat that changes in the housing market can take time to show up in published data.

Where possible, comparisons are made between trends in London and the rest of the country, as national trends may mask significant regional differences. Where the data allows, timelines are standardised to begin in 2007.

This report is updated on a quarterly basis. Previous editions can be found on the GLA website at the following address: http://www.london.gov.uk/priorities/housing