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Construction activity falls to record low - PMI

The extent of the construction slump has been made clear, with the latest Construction Purchasing Managers’ Index (PMI) falling to a new low.

House prices plummet 15.9% and \"bumpy ride\" predicted - Nationwide

House prices fell by a total of 15.9% in 2008, Nationwide has reported.

Home owners become \"reluctant landlords\" - LV=

Home owners are resorting to renting their properties instead of selling them as the housing market slump continues, LV= Home Insurance has said.

Hometrack shows 0.9% house price fall in December

House prices in December dipped 0.9% bringing the total house price fall over 2008 to 8.7%, Hometrack’s latest national housing market survey revealed.

TW to reach debt agreement by year end

Taylor Wimpey has said that it expects to reach an agreement with lenders over its debt covenants before the end of the year.

Hometrack casts predictions for housing and mortgage markets

Hometrack has made its predictions for the housing mortgage markets into the new year and beyond, noting that there are many ways that the economy could turn i…

CML predicts significant increase in mortgage arrears

The Council of Mortgage Lenders (CML) has predicted 2009 to be a “very tough year” in the mortgage market, with the number of households in arrears of more tha…

Government\'s bank rescue package has failed - DT

The Bank of England has reportedly warned that the government’s bank bailout has not worked.

Government publishes consultation on plans for zero carbon by 2016

CPA urges government to act as sale of construction products reaches new low

The Construction Products Association (CPA) has written to government officials, pressing them to consider a range of proposals to assist the industry as a stu…