In a fresh blow for the housing market, a study published today reports the largest drop in asking prices for four years as sellers slashed prices at a rate of £140 a day.

China's economic woes that have brought growth to a three-year low will continue for some time, but the slower expansion remains within expectations, premier Wen Jiabao said today. 

Four in 10 people living in rental accommodation cannot afford to save anything for a deposit to buy their own home, as high living costs and loan repayments are already swallowing up their cash, a study found today.

An Israeli protester set himself alight during a rally Saturday night marking the anniversary of a wave of demonstrations that swept the country to protest the high cost of living and other social issues, authorities said.

Men are more optimistic about house price prospects, suggests a new report, while women are more pessimistic about becoming homeowners

House prices rose by 1 per cent in June, according to the Halifax, suggesting that there is still some life left in the British property market despite falling levels of mortgage approvals.

Unhelpful estate agents and websites are trapping young disabled people at home, says a new report

First-time buyer sales have slumped to a seven-month low following the withdrawal of a “crucial” stamp duty exemption, estate agents said today.

Mortgage approvals have dropped off further from a two-year high seen earlier this year, fuelling speculation that house prices are likely to soften in the coming months.

Sales of top-end homes plunged by 40% as the Chancellor introduced a stamp duty hike on properties worth more than £2 million, new data revealed today.

It seems reports of the death of the housing market may be an exaggeration. According to the Council of Mortgage Lenders, gross mortgage lending in May climbed 13 per cent from a year earlier and 24 per cent on April.

Stockton is to become the largest US city to file for bankruptcy, the seventh American municipality to do so this year.

It now costs 14% more per month on average to rent a home compared to running a mortgage on an equivalent property

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