Investors bank on builders as Barratt banishes jitters
Evening Standard|October 13, 2021
INVESTORS set up camp in the housebuilding sector today after a bullish update from one of the industry’s biggest players banished fears over supply chain disruption and faltering demand.
Graeme Evans
Investors bank on builders as Barratt banishes jitters

The AGM statement by Barratt Developments sent its shares up by 5% and helped rivals Taylor Wimpey and Persimmon to improve by around 3%.

Analysts at Liberum described the update as “surprisingly good” with Barratt reporting growth in its forward sales position and average selling price in the period up to the weekend.

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