Profits at the house builders Barratt Developments and Redrow have more than doubled, fuelled by rising house prices.
Barratt reported a 162% rise in pretax profits for the six months to the end of December to £120.4m.
Redrow first half profits rose 107% to 47.5m as it announced its first interim dividend in six years of 1p per share.
The Co-operative has shocked the farming industry by announcing it is to pull out of agriculture and put its multimillion-pound farm business up for sale.
It has also sent a ripple of concern through farming circles over the potential impact that offloading an estimated 6,750ha (16,700 acres) of owned farmland will have on the land market.
Bovis Homes pre-tax profits rose by 48 per cent in the year to 31 December 2013 as the group focuses on further improving shareholder returns.
Pre-tax profits were £78.8m in the year, up from £53.2m, with a dividend of 13.5p issued, up from 9p in 2012.
Robin Savage, an equities analyst at Canaccord Genuity who has a “buy” recommendation on Rightmove shares, said he would not be concerned “unless Agents Mutual does somehow persuade agents to support it – because that will affect Rightmove and Zoopla’s revenues”.
He argued that the newcomer is dominated by a handful of Britain’s biggest companies and would have trouble attracting the thousands of very small agencies who make up the majority of the market. “The big agents could function without property portals, so this is really asking independent agents to cut off one of their main routes to market. It is a brave person who decides to switch off something that brings them the vast majority of their [client] instructions.”
Rightmove and Zoopla declined to comment.
Fascinating and unsettling at the same time, because this is presumably out of date already! Video clip.
About 6,500 homes have been flooded in the UK since December. But what happens to a house when the flood water recedes?
For many flood victims, it's when the water goes down that people hit rock bottom.
"All the initial bonhomie and community cohesion goes and people are confronted with the harsh reality that their home has been badly flooded," says Mary Dhonau, who became a flood consultant after her home was flooded in 2000.
Average earners in England would need to more than double their annual salary just to keep up with out of control house prices, new research by Shelter shows.
To investigate how out of sync house prices have become, the charity looked at wage and house price inflation since 1997 in each area of the country. This was then used to calculate what average annual earnings would be if they had risen at the same rate as house prices.
Flats in a new scheme in Battersea Power Station will only be marketed in London, the developer has announced, amid growing concerns that overseas investors are snapping up much of the capital's prime property.
Homes in the second phase of the Battersea development are inside the power station and likely to attract a rush of interest from buyers who want to secure a piece of one of London's most famous landmarks, and could carry price tags of up to £30m.
Fringe London locations are outperforming conventional investment location choices in the capital, according to a new study.
The London Markets Report, published by Levy (formerly known as DE&J Levy) and IPD, said markets including Paddington and Camden, delivered returns of 18.3% and 18.5% respectively last year.
UK homeowners spend an average of £41,900 on rental payments before buying their first property, according to new research from Santander Mortgages.
On average, homeowners who rent prior to buying spend seven years as a tenant before getting onto the property ladder, rising to 11 years or more for 15 per cent of these homeowners.
Opt in here