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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The body of a 23-year-old who was last seen at the foot of Ben Nevis has been found following a large rescue mission.
A "predatory" paedophile who kept a "sickening" and detailed account of his abuse admitted a string of offences including 10 counts of rape.
Plans for a two-and-half-year closure of a Finsbury Park station entrance where there was serious overcrowding have been postponed.