Broker bolsters builders as order books stay strong
Evening Standard|November 10, 2021
HOUSE BUILDERS are enjoying another boom year of trading, although for investors the worry persists that the roof is about to fall in on the sector.
Graeme Evans
Broker bolsters builders as order books stay strong

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.

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