Low supply holds back US house sales

  Sales of homes in the US are being held by low supply levels.   Pending home sales slipped in June 2015, according to the National Association of Realtors, reversing five months of growth in a row.    The NAR's index, which is based on contract signings, fell 1.8 percent f

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UK Banks quick to take money slow to give

Bank rate rises are always big news and the latest quarter point rise in interest rates to 5 per cent puts interest rates at their highest level for five years. Inflation figures which are hanging round the 2.5% have seen the Bank of England act to keep inflation under control, with a target rate of

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Florida property tax reforms

South Florida property prices are becoming beyond the reach of key workers in the sunshine state. New residential towers being built in Miami-Dade and Broward counties are now beyond the reach of teachers or public servants and other key workers. Calls are being made by Florida home owners for

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