A brand new Rightmove paints the property market with an optimistic hue this morning, and a rise of 0.5% in house prices last month nationally. Miles Shipton talks of a market "on the turn". The numbers, however, are marginal, and PropertyFinder has been quick to stub out Shipton's cigar, with a statement pointing to a 50% year-on-year increase in the number of properties for sale and a rebuke for vendors holding out for unrealistic prices. Where the figures are clear, though, is the Olympic regeneration region and Tower Hamlets in general. In the Telegraph:

Tower Hamlets, east London, has Britain's most crowded dwellings and 70 per cent of its housing stock is tower blocks. But regeneration associated with the Olympics has put a total of £21,000 on the average asking price in the borough in two months, making it the country's hottest property spot.

... And by an inner city mile, we'd say. More on the Rightmove figures, here. And, for Rightmove's own on the turn pdf, click here.