Those fears relating to cost pressures and rising mortgage rates have left shares in heavyweights Persimmon and Taylor Wimpey close to where they started 2021.
Analysts at Liberum said today they believe this under-performance is unjustified, particularly as the sector continues to report strong order books going into 2022 and is also showing signs of being over the worst of the price pressures.
Based on this favourable outlook, Liberum reported significant potential upside for shares across the sector.
This story is from the November 10, 2021 edition of Evening Standard.
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This story is from the November 10, 2021 edition of Evening Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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