Canary Wharf sees surge in £1m+ listings despite softer London market

Canary Wharf has bucked broader London property trends, with the number of homes listed above £1m rising 40% in 2025 to 466 properties, despite a reduced corporate presence in the area. Average sale prices in the Docklands reached £1.3m, highlighting continued demand for prime property in the district. However, the increase in supply has been accompanied by notable price pressures, with average asking prices falling across all prime London postcodes and discounts exceeding 10% in some areas, including Canary Wharf. Elsewhere in London, prime markets such as Chelsea and St John’s Wood saw declines in high-value listings, while price performance remained mixed.

City AM (23/02/2026)