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"London house prices fell last month for the first time since February. The average value dipped 0.2 per cent to £363,802, according to official Land Registry figures.
"Prices are now just 5.5 per cent higher than a year ago, although this is still a far better performance than anywhere else in the country.
"The figures suggest that the mini-boom, that started in the spring of 2009 and has been fuelled by a wave of foreign buyers, may be finally running out of steam."
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"Councils across England are calling on the government to abandon its plan to allow larger home extensions without planning permission.
"The Local Government Association warned the proposals would 'give the green light to unsightly development' and cause 'friction between neighbours'.
"Last month Downing Street announced a consultation on easing the rules on home extensions of up to eight metres."
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"A 'disastrous' month for Britain’s building industry today raised fresh fears about recovery in the UK, as business leaders warned of stagnant growth and house prices fell again.
The latest alarming figures from the Chartered Institute of Purchasing & Supply showed the nation’s construction industry still stuck in recession during September. Housebuilders endured their worst month since a snow-blighted December 2010, while commercial building work saw its biggest slump for more than two years.
"Chartered Institute of Purchasing & Supply chief executive David Noble said:
"September’s figures show the construction sector’s cupboard to be well and truly bare, rounding off a disastrous quarter. After the longest continual decline in new orders for three years, this is of no surprise.
Looking ahead, there is little to be positive about. Homebuilding continues to be hit hard, and the commercial sector, so long the star of the industry, has lost its sparkle."
