Last month the Centre for Economics and Business Research think-tank predicted that the price of a typical London home will hit half a million pounds by the end of the decade.
The economic experts said that the average house in the capital will cost £383,000 this year, rising more than 30% by 2020.
This recent property news is good news for home owners in the capital but a blow for those already struggling to get a foot on the property ladder.
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A police officer in today's London Pride parade surprised his partner by proposing in the middle of the parade.
Record crowds are at this year's Pride in London parade as people show their support for the LGBT community after the Orlando shooting
The Lewisham and Greenwich NHS Choir opened the second day of music at Galstonbury's Pyramid stage at the world-famous festival.