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16.01.26 - 09:12
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UK′s housing stock hits ′highest level in 8 years′; FTSE 100 slips as commodity market pulls back- business live (The Guardian)
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Rolling coverage of the latest economic and financial newsGood morning and welcome to our rolling coverage of business, the financial markets and the world economy.The stock of homes for sale in the UK has hit its highest level in more than eight years, the property portal Zoopla has found.Growing numbers of homes for sale is evidence of a strong underlying appetite to move home for many households.Across much of southern England, there is a much greater choice of homes for sale. Buyers are price-sensitive and have more choice, so achieving the best result depends on setting a competitive asking price and attracting early interest. Homes priced too high often take longer to sell and at the risk of achieving a lower price. It is important that homeowners price carefully and seek the advice of agents to plan the right strategy for their home sale.2.15pm GMT: US industrial production and manufacturing output stats Continue reading......
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