The average asking price for a UK home remained near its record high in June, with the housing market maintaining its β2024 momentumβ across much of the country, according to the latest figures from the property website Rightmove.
The UKβs biggest property listings website said the average price of homes coming to the market over the past four weeks was Β£375,110 β just Β£21 less than in May, when average prices had posted a new high.
Crest Nicholson, the embattled housebuilder, has rebuffed a second all-share takeover approach from its larger rival Bellway valuing the group at about Β£650m.
The FTSE 250 housebuilder this week reported losses in the first half and slashed its dividend in its latest profit warning as it continued to be hit by volatile mortgage rates and slowing demand in the housing market.
Asset managers are hoovering up Britainβs LGBTQ+ venues, with potentially disastrous consequences for the gay scene
Adam Almeida is a senior data analyst at Common Wealth
I remember the first time I went to Heaven. I had only moved to London a few months before and I made plans to meet up with my friend Anna, the only other person I knew in the city. She brought a friend along, and the three of us went for dinner in Soho. Someone suggested an impromptu trip to Heaven, the UKβs most famous gay nightclub. We made a quick diversion en route for Annaβs friend to buy a can of deodorant from the off-licence before we were on our merry way.
We spent the night dancing to the likes of Robyn, Charli XCX and Lady Gaga. We met two handsome boys on the dancefloor who didnβt show much romantic interest in us but still hung around all night long. We stayed out late and each endured rude awakenings in the morning as we trudged into uni and work. It was only then that our friend realised she had bought and sprayed herself with a can of hairspray on our way to the club. The kind of joyful oversights one only seems to make at 22.
Adam Almeida is a senior data analyst at the thinktank Common Wealth
The industry that has traditionally powered about a quarter of GDP has been in a downward spiral that policymakers have struggled to halt
All across China, from Beijing in the north, to Shenzhen in the south, millions of newly built homes stand empty and unwanted. There were nearly 391m sq metres of unsold residential property in China as of April, according to the National Bureau of Statistics. That is the equivalent of Manchester and Birmingham combined β and then some β sitting as vacant, unwanted property.
This glut of idle property has caused a headache for the government, shaken the worldβs second largest economy and raised tensions over the purpose of housebuilding in a nation where property investment had been viewed as a safe bet.
Referencing socialist thinker is latest example of city repurposing its radical history for profit, say local people
A multimillion-pound luxury penthouse flat named after the revolutionary socialist thinker Friedrich Engels is the latest example of Manchester repurposing its radical history for profit, local people have said.
The apartment is in the east tower in Deansgate Square, where the developer Renaker says its vision for the βNew Jacksonβ skyscraper district βis to create a sustainable and attractive neighbourhood where people feel proud to call homeβ.