Outside London and the south-east prices have struggled to recapture their 2007 highs.
It's not that surprising. Employment in the capital city has surged to be 17 per cent higher than at its pre-crisis peak, a trend not reflected across the rest of the United Kingdom.
The UK's Hometrack also released its 20 Capital Cities Index for the period to May 2016, which showed that the juggernauts that are the London and Cambridge housing markets have continued to streamroll ahead - as they have been for the past two decades.
Back on the home front, an exiting week of news ahead, kicking off with Building Approval figures for May (-3 per cent expected), and also including Retail Trade (+0.3 per cent), International Trade ($1.5 billion), and the July Reserve Bank policy decision on Tuesday afternoon (on hold).
Perhaps more significant for monetary policy going forward, the monthly inflation data due out will provide important clues as to whether inflation has remained benign.
Elsewhere there are also US nonfarm payrolls figures due.