Repossessions of homes rise 27,000
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Thousands more people lost their home in 2007 in the UK than in the previous year, say mortgage lenders.
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House prices in Wales again see the highest average rise, with some homes in north Wales doubling in value.
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Mortgage lenders launched more  than 70,000 foreclosure proceedings in California in the third  quarter, marking a record for the state, where many housing  markets are slumping amid mortgage market turmoil, according to  a report released on Friday.
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The prolonged slump in housing pushed new home construction in 2007 down by the largest amount in 27 years with the expectation that the downturn has further to go.
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Demand for larger properties pushed house prices up by 2.1% in July, official government figures show.
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The number of homes sold in England, Wales and Northern Ireland hits its highest level since the 1980s boom.
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UK house prices rose by  0.7% in October from the previous month, figures from the Office of the Deputy Prime Minister (ODPM) show.
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Â· Up to Â£250m a year needed, say insurersÂ· Three dead and hundreds evacuated from homes.
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UK buyers take fright as thousands of illegally built homes are threatened with demolition
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House prices rose slightly across the UK last month, according to the latest survey from the Halifax bank.
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Over the last 40 years, home prices have grown at a rate far exceeding wages.
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Growing numbers of people are being squeezed out of the housing market, researchers have concluded.
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LOS ANGELES -- The number of foreclosure filings reported in the U.S. last month more than doubled versus August 2006 and jumped 36 percent from July, a trend that signals many homeowners are increasingly unable to make timely payments on their mortgages or sell their homes amid a national housing...
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Mortgage lenders launched more than 70,000 foreclosure proceedings in California in the third quarter, marking a record for the state, where many housing markets are slumping amid mortgage market turmoil, according to a report released on Friday.
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Business & money: Nationwide building society says the annual rate of house price inflation has risen to 9.7%, despite higher interest rates.
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THE REGION Foreclosure filings in Massachusetts rose 72 percent last month as a growing number of homeowners were put in financial distress by the housing market's sharp downturn. ForeclosuresMass.com, which tracks Land Court foreclosure filings against homeowners by mortgage lenders, said there were 1,812 filings last month against borrowers who were past due, up from 1,055 filings in August 2005. ...
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Business & money: More than 1% of households were hit with some stage of repossession proceedings last year