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Record price for penthouse may be pie in the sky

Hong Kong property prices have surged this year: residential prices have risen by 30 per cent in the middle market

Paul Morrell, property industry consultant

The construction expert is to head a Government steering committee to 'get carbon out' of the construction industry

US stocks jump on home sales data

A 10% rise in US house sales cheered investors while in the UK Cadbury shares peaked following takeover battle speculation

Private sector fall in commercial developments

Number of new building projects drops 20 per cent from same time last year because of lack of construction contracts

Sharewatch: Barratt Developments

Nottingham University's £115m housing deal

Universities Partnerships Programme agreement to provide 850 student bedrooms offers backing banks relatively safe returns

Construction companies to appeal bid-rig fines

Fines for widespread bid-rigging following one of Britain's biggest competition enquiries will be challenged in court

Nationwide cautious on housing as profits fall

UK's biggest building society says recovery will be protracted as first-half profits more than halve to £117m

Mortgage and housebuilding figures offer hope

Council of Mortgage Lenders said lending rose to an estimated £13.5bn, which it attributed to a pick-up in mortgages

Paul Sheffield, chief executive-elect, Kier

Construction group has bucked trend by choosing a new boss from within the ranks. His experience could be what is needed

October mortgage lending rises 5 per cent

CML reports home loans increased to £13.5 billion but says the rise is in line with the seasonal average

Hotel snapped up amid £1bn of bids

Park Inn London, formerly known as the Bonnington, in Bloomsbury sold to Crimson Hotels for more than £45 million

Wolseley’s profits tumble by 50 per cent

Building industry continues to suffer effects of the recession, though the rate of decline in the UK has slowed

Barratt hopes eco-village will be first of many

It is hoped that Britain's first zero-carbon development will be a blueprint for all future new-build properties