Are you concerned that London housing completions in Q3 of this year were 30% lower than in Q2, as recently reported by Molior London? What are you doing to address this?

I have noted the quarterly report from Molior, and will continue to monitor the data from this and other sources.

I believe it is too soon at this point to draw any significant conclusions and would note that their data also reports an increase in the number of commencements in the same period and an increased number of sales.

This suggest that supply and different indicators may currently be erratic and the GLA is continuing to monitor and build further monitoring capability to assess the situation prior to making any decisions about policy interventions.