Average property prices in London rise by more than a quarter over the past year according to Nationwide. Housesimple's Director, Alex Gosling, comments
"If anything shouts 'unsustainable', it's annual price inflation of 26%. Such frothy excess hasn't been seen since the peak of the late 1980s boom,"
See full article online: http://www.theguardian.com/money/2014/jul/02/leap-london-house-prices-unequalled-nationwide