The UK’s stagnating housing market experienced something of a bounce in August, according to data from “For Sale” board contractor, Agency Express. Activity proved surprisingly resilient given seasonal trends, with “Sold” properties up 3.9% on July, the highest August rise recorded by the firm since 2007. The South East topped the list of hot-spots with [...]
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House sales show August rise
The UK’s stagnating housing market experienced something of a bounce in August, according to data from “For Sale” board contractor, Agency Express. Activity proved surprisingly resilient given seasonal trends, with “Sold” properties up 3.9% on July, the highest August rise recorded by the firm since 2007. The South East topped the list of hot-spots with [...]
Barratt sales slip on mortgage restraints
Barratt Developments sold 4,832 homes during the second half of 2010, compared with 5,053 in the previous six month period, with underlying selling prices remaining stable.
However, private reservations per active site per week were down slightly to 0.39, reflecting weaker customer sentiment, and cancellation rates increased to 20.1% (H1: 17.8%).
Forward sales as at 31st December [...]
No autumn upturn for Persimmon
Persimmon has reported that it sold 9,384 homes in 2010, up slightly from a 2009 total of 8,976.
However, the housebuilder did not experience the usual level of upturn in sales during the autumn, with the situation compounded by the severe weather conditions at the beginning of the winter, reducing sales activity further.
The group, which includes [...]
