Persimmon shares were down 2.3% to 2,129p in late morning trading on Wednesday, after the housing firm reported rising cost pressures and a lowered level of outlet completions in its Q1 2022 trading update. The group confirmed that completions would fall short of 2021 levels, and that the timing of outlet openings would result in […]

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Leading UK home builder Redrow (LON:RDW) published its market predictions for the next year on Tuesday morning, projecting a “strong” 2021 and a steady housing demand despite the ongoing coronavirus pandemic. Matthew Pratt, CEO of Redrow, commented: “We are very excited about 2021. We entered our new financial year in a position of strength and, […]

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Real estate firm Rightmove has projected a further climb in UK house prices in 2021 despite Brexit, the ongoing coronavirus pandemic and whether or not the government chooses to extend the current stamp duty holiday. Asking prices rose almost 7% this year, but are expected to gain a further 4% over the next twelve months […]

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Earlier today, Barratt Developments (LON:BDEV) released their final results for the year ended in June 2018. Sky reported that Barratt consider market conditions favourable and that the Help to Buy scheme continues to assist the vigorous consumer demand. Listed on the FTSE 100, Barratt Developments made £835.5 million in profit (before tax). This is a […]

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