London's house prices are growing at the fastest pace since the late 1980s, according to property economist Matthew Pointon.
Mr Pointon, who works for Capital Economics, said mortgage approvals have now been falling for four months in a row.
He warned: "The risk of a damaging house price correction at some point in the next few years is growing."
More top news
A police officer who spent six days crawling the London Marathon in a gorilla costume has finally completed the 26-mile route.
Nicola Sturgeon calls on voters to make sure "Scotland's voice is heard" and not "dragged back by the Tories" in upcoming vote.
Strictly Come Dancing star Louise Redknapp has dismissed speculation she has separated from former footballer Jamie as "completely untrue".