Country House Market Stages Recovery
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The country house market staged a recovery during the first half of the year following a revival of City bonuses and increasing confidence in the economy, figures showed today.
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LONDON (CBS.MW) -- Activity in the UK housing market is continuing to slow, according to data from two major market participants, though a surprise 1 percent rise in house prices in November helped to offset immediate fears of a market crash.
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Bush administration remedies for the ailing housing market.
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London equities recovered on Friday, after the the worst sell-off since August left the market looking undervalued at the end of the previous session.
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House market trends are shifting away from a sellers' market and now favour buyers, new figures suggest.
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Sales of singles in the UK show signs of recovery as the music industry as a whole grows, figures show.
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The FTSE 100 bounced back on Thursday after better news from the retail sector and a continued rebound among the property companies.
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Sales of previously owned homes inched up 0.4 percent but that did not change the overall bleak picture for a housing industry that has been suffering through a painful slump.
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SCOTLAND&#39;S property market is escaping the steepest UK-wide fall in house prices for nine years, it emerged today. The Royal Institution of Chartered Surveyors&#39; Housing Market Survey of Great Britain shows
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Property prices in Scotland are still looking healthy, despite the steepest fall in nine years across the rest of the UK. The latest survey from the Royal Institution of Chartered Surveyors shows that while
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Business & money: Sales back into positive territory after double-digit decline suffered earlier this year.
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WASHINGTON - Americaâs consumers came off a buying binge and were less jolly spenders in November. Newhome sales, meanwhile, cooled from a record high, while demand for big-ticket manufactured goods rebounded.
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New home sales turned up and factory orders soared in July, suggesting the economy was on stable footing before a credit crunch took a turn for the worse.
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Housing starts rebounded sharply in  July, making up almost all the ground lost in a June slump by  posting their largest monthly percentage gain since September  2002, a report from the Commerce Department on Tuesday showed.
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Investor's Business Daily - Home prices in Britain and Wales rose just 3% in Dec. vs. a year earlier, said property consultant Hometrack. That's the smallest gain since June '06. Prices fell 0.3% vs. Nov., the most since Jan. '05. Homes are staying on the market for 8.3 weeks, the longest since the survey began in '01. The data are raising the prospects of further Bank of England rate cuts early next year.
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Retailers scored solid sales and factories saw orders pick up, hopeful signs the economy isn't cracking under the pressure of high energy prices.
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Price drops and declining sales in the Massachusetts housing market moderated in October, two housing reports showed yesterday, suggesting that the monthslong slump in the real estate market may be nearing its end.