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Page last updated at 09:59 GMT, Friday, 5 October 2012 10:59 UK

Boom in high-cost property sales

According to a report out today from property consultants Knight Frank, last year was a record one for sales of homes worth £10m or more.

Liam Bailey, head of residential research at Knight Frank and author of the report, told Today business presenter Simon Jack that the boom was being driven by foreign buyers.

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