House prices show strong growth
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Annual house price inflation in the UK  has picked up - hitting 6% in July - according to government figures.
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Mortgage rates climbed for the second consecutive week on news that the economy may soon be improving, according to surveys conducted by mortgage buyer Freddie Mac and Bankrate.
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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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Construction spending in August hit the highest level on record, fresh evidence that the housing market is helping move the economy ahead.
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A spokesman from the National Bureau of Statistics (NBS) said here Friday that multi-fators have pushed up the housing price. Statistics show that the prices of housing and residential housing in the first
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The number of homeowners with property valued at more than Â£1m rises - with the majority in London.
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Pending sales of existing U.S. homes advanced a stronger-than-expected 4.9 percent in December, the biggest monthly gain since 2004, a real estate agents' trade association said on Thursday in a report showing some stability in the housing market.
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Sentiment towards sterling has improved since the release of data revealing that mortgage lending remains strong, raising the possibility that the Bank of England may still need to keep hiking interest rates.
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Business & money: Britain's biggest mortgage lender ups its house price growth forecast for this year to 6%, and said that London house prices would rise 12%.
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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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Sales of new U.S. homes defied  predictions of a slowdown in April and rose 4.9 percent while  prices climbed, although the supply of homes for sale hit a  record, a government report showed on Wednesday.
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High Street sales saw their strongest growth last month since mid-2006   despite recent rate rises, a report says.
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A further interest rate rise could be due after data shows UK GDP grew strongly in the second quarter.
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Applications for home mortgages jumped  to their highest level in nearly four years as low interest  rates led more homeowners to seek refinancing, according to  data from an industry group on Wednesday.
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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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UK house prices are still rising strongly, the country's biggest mortgage lender, the Halifax, says.
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US industrial production and new home construction rose sharply last month, suggesting that the economy is overcoming high energy prices and rebounding from the summer slump.