Knight Frank get great mileage by producing reports on how the prices of very posh houses
are moving.
This week out came another one suggesting that prices are on the up again, especially in the £10m plus market.
Guess how many £1m plus homes are sold each month? To find out go to the Land Registry site.
This week they produced a report of their own which shows that just 106 homes were sold for more than £1m in March 2009 - and only 37 of them were over £2m.
How many £10m homes were sold? Who knows; but it can't be more than the number of fingers on one hand. Is that really enough on which to base the results of a survey?
