The housing market in London has already recovered from what minor downturn it experienced, but housebuilders throughout England are poised for recovery.

According to new research from global property advisor CBRE, the last quarter of 2012 witnessed the Central London property investment market’s third highest transaction volumes ever. The capital attracted £14billion worth of investment as London’s popularity among overseas buyers continued.

But 2012 also saw increased activity in the land market in England. CBRE says housebuilders upped the level of capital committed to land acquisition and development last year, attracted by good quality residential sites with planning consent.

Investment in student accommodation reached a record £2.7billion in 2012 – a 125% increase on 2011.