Property

Repossessions up but outlook improves 11:37am GMT

LONDON (Reuters) - The number of people losing their homes to repossession rose slightly in the third quarter but there was a drop in the number of households in arrears and courts ordered fewer homes to be seized. Full Article

Global construction seen up 70 percent by 2020 12:07pm GMT

LONDON (Reuters) - Global Constuction output will recover to grow 70 percent by 2020, powered by emerging nations such as China and India, according to a new report published on Thursday. Full Article

Repossession orders down 35 percent year-on-year

LONDON (Reuters) - Courts in England and Wales issued 35 percent fewer mortgage possession orders in the third quarter of this year compared with a year ago, and company winding-up petitions were down 3 percent, the Ministry of Justice said on Thursday. Full Article