Property giants to reveal if homes market is rebuilding
Daily Express|March 11, 2024
BRITAIN'S housebuilders are set to shed light on the state of the fragile property market amid a number of key updates this week.
Geoff Ho
Property giants to reveal if homes market is rebuilding

Shareholders are braced to see accounts for Persimmon, Berkeley and Vistry show a fall in sales numbers after high interest rates weighed heavily on activity.

FTSE 100 firm Persimmon will reveal its latest trading figures in a statement tomorrow. It has already told investors sales in 2023 were due to be down around 16%, blaming the jump in interest rates and the end of the Help to Buy scheme.

Completion numbers were also down 33% as it slowed building activity due to softer demand.

But it is hoped profitability will be robust amid cautious investment and easing construction inflation.

Denne historien er fra March 11, 2024-utgaven av Daily Express.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra March 11, 2024-utgaven av Daily Express.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA DAILY EXPRESSSe alt
Wicked! Erivo's Oscar nod
Daily Express

Wicked! Erivo's Oscar nod

Star's best actress nomination for Wizard of Oz prequel

time-read
1 min  |
January 24, 2025
Comic left £6.4m to his wife
Daily Express

Comic left £6.4m to his wife

COMEDIAN Barry Humphries - famous for creating Dame Edna Everage - left a £6.4million fortune to his fourth wife Elizabeth.

time-read
1 min  |
January 24, 2025
BRUNO GIVES RUBEN BIG LIFT
Daily Express

BRUNO GIVES RUBEN BIG LIFT

Captain rescues Amorim with fine last-gasp winner

time-read
2 mins  |
January 24, 2025
Samsung unleashes AI tech in battle with Apple
Daily Express

Samsung unleashes AI tech in battle with Apple

SAMSUNG has launched its new artificial intelligence powered phone series, the latest salvo in its ongoing battle with Apple for global market dominance.

time-read
1 min  |
January 24, 2025
Daily Express

Brewer's fears of a recession

BREWDOG co-founder James Watt has hit out at Chancellor Rachel Reeves for causing huge \"economic pain\".

time-read
1 min  |
January 24, 2025
PEP'S EMPIRE IS FALLING APART
Daily Express

PEP'S EMPIRE IS FALLING APART

Guardiola now looks broken

time-read
2 mins  |
January 24, 2025
Familiar Patten for duo
Daily Express

Familiar Patten for duo

WIMBLEDON champion Henry Patten claimed his doubles team are proving they are \"one of the top pairs in the world\" after reaching a second Grand Slam final.

time-read
1 min  |
January 24, 2025
Daily Express

Walker makes move to Milan

KYLE WALKER has completed his loan move to AC Milan - but he may have to wait until next month to make his debut.

time-read
1 min  |
January 24, 2025
10 pints driver left victim an amputee
Daily Express

10 pints driver left victim an amputee

POLICE confront a drink-driver who drank 10 pints before hitting a car head-on - leaving one of the accident victims an amputee.

time-read
1 min  |
January 24, 2025
PALLADIUM FLAW SHOW
Daily Express

PALLADIUM FLAW SHOW

World's most expensive jumps horse struggles to woo critics

time-read
1 min  |
January 24, 2025