They're the Government figures, based on actual completions in July, and so - arguably - representing deals struck mainly in the April-May-June. The July-to-July annual inflation figure is -0.3%; in the quarter, they're down 0.5%. Interestingly - not, necessarily, significantly - prices within the month rose by 1%, something of a shock, but probably representing the long delay between exchanges and DCLG figures.

Technorati Tags: London, property, real estate