2010-08-23bloomberg.com

"U.K. housing starts rose 56 percent in the second quarter from a year earlier, according to the Department for Communities and Local government. Sales and prices may be restrained for the rest of 2010 by falling consumer confidence and government plans to implement the biggest spending cuts since World War II, research group Acadametrics said on Aug. 13. Mortgage approvals are at about half the level of their 2007 peak."



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