According to HMRC, 86,000 homes were sold in June, up 21% on the month and 15% on the year. We'd expect - seasonally - a busy month. We'd also expect sales to be up on the year, after 2009's very severe liquidity problems. Hold the cigar.

Technorati Tags: property, real estate

What? Where? It's in the south east, bordering on Kent, but inside the magic M25 and - says the Telegraph - it's where an ordinary, struggling pair of young about-to-be-newlyweds with a mere £1.2m to spend on a house can find somewhere to call home. According to Knight Frank, it's a new hotspot, and the developers are moving in.

Technorati Tags: London, property, real estate