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City focus - Bargain hunters

The latest trading updates from AIM-listed housebuilders provided further confirmation of the market’s decline since April. Steve Menary reports on analysts’ latest perspectives on the sector

Insider’s view - Crunch timev

John Stewart introduces this month’s mortgage and financial market special

Bargain hunters

A rash of trading updates from AIM-listed developers has provided further confirmation of a poor spring selling season, further pushing down share prices in the sector

£110,000 raised at Brain Game charity quiz

Market crisis may be beyond the government

Credit crunch sends industry “off a cliff”

“Overwhelming global forces” have swamped the housing market, leaving prime minister Gordon Brown little room to manoeuvre and posing a grave threat to the wider economy

Drop in housing starts a “wake-up call”

Declining production forces mass job cuts

Peter Redfern heads up Taylor Wimpey’s UK and US divisions following Ian Sutcliffe’s resignation

Lenders can sustain a 20% drop in house prices – Moody’s

UK banks and building societies could sustain a 20% fall in UK house prices in a year without further damaging their capital reserves, a report has claimed.

House prices falling but borrowers better off than in ‘90s – Nationwide

House prices fell by 2.5% in May, but borrowers are better placed “to weather the storm” than in the 1990s, according to Nationwide.