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Property market news

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  Planning failure jeopardizes housing target

  Weaknesses in the local government planning system make it unlikely the government will meet its housing targets. More...
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  Mortgage approvals hit record low

  Mortgage approvals tumbled in June, with housing market activity hitting its lowest since the 1990s. More...
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  London homes sitting longer on market

  Unrealistic expectations from homeowners putting their property on the market are causing unsold stock to pileup in London estate agent in-trays.  More...
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  House prices down 1.8% in July

  Asking prices in the England and Wales fell 1.2 per cent in July.  More...

• Market towns push property prices up
• Brits still opt for cash in hand workmen
• North/south divide ditched for resurgent/stuck
• Rented homes rocket in value
• New Town failures should brake new eco-towns
• Construction orders fall 28%
• House prices fall 6.1%
• Barratt Developments drops 1,200 jobs
• Local need 'must shape housing plan'
• Bovis and Redrow cut 40% of staff
• House price growth at two-year low
• Persimmon sheds 1,100 jobs
• Housebuilder Persimmon set to cut 1,000 staff
• Barratt to cut 1,000 jobs
• Construction slumps at fastest rate in decade

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