By WSJ Staff
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Here is a look at real-estate news from the weekend and today in the WSJ:
Government Action Stokes Fears of New U.K. Housing Market Bubble:?The average asking price for residential property in the U.K. rose to a fresh all-time high in the early weeks of July, with further price increases expected in the coming year, fueling concerns that the government?s Help to Buy program could be creating a fresh housing market bubble.
Greater New York:
Two Storms Elevate Homeowner Cost:?The coastal community of Milford, Conn., was still recovering from Tropical Storm Irene when superstorm Sandy hit last October. Nearly nine months later, residents are having a more difficult time rebuilding the second time around.
Open House: New Providence Is ?Turkey? Town No More: A closer look at New Jersey?s town of New Providence.
Brooklyn?s Bid for Higher Buildings Fails to Impress:?Brooklyn?s population overtook that of Manhattan around 1930. But its skyline never has approached the magnitude of its sister borough, nor ever will if current design trends continue.
The Commish: Futterman Tailors Tactics: New York retail-leasing firm RKF is ramping up its efforts to do battle in the world?s largest cities. The firm is planning to spend $5 million to add about 20 brokers to its existing 60 in New York.
House of the Day:?A home on the western shores of Lake Tahoe boasts a background linked to ?The Godfather: Part II.?
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