MJGleeson Share Price (GLE)

A good day today.
Lots of director buys this past few months!

but the price is holding. Looks like there's someone on the other end of these trades.

The other house builders are moving ahead this morning very strongly, following yesterday' s good update from BDEV.
the trades have started late but he only "AT" was also higher at 796p, still a very large spread as usual at the start
spread 778 v 790p

UK house prices pick up a bit of speed - Halifax

LONDON (Reuters) - British house prices rose at the fastest annual rate since early 2017 in the three months to the end of June, mortgage lender Halifax said on Friday, adding to other signs that the housing market has stabilised after weakening on Brexit worries.

House prices were up by 5.7% in the three months to June compared with the same period a year ago after rising by 5.2% in the three months to May, Halifax said on Friday. A Reuters poll of economists had pointed to a 5.9% rise.

Halifax cautioned that the annual increase was flattered by weak price growth in the corresponding period in 2018. In monthly terms, prices fell by 0.3% after a rise of 0.4% in May.

But Russell Galley, Halifax's managing director, said the housing market was "displaying a reasonable degree of resilience in the face of political and economic uncertainty".

Other measures of house prices have shown smaller increases than Halifax recently -- with prices in London falling -- but have also suggested a bottoming out in the market after a slowdown linked to worries about Brexit.

Halifax's measure of annual house price growth had been growing by nearly 10% a year at the time of the 2016 referendum.

Investors Chronicle:
MJ Gleeson (GLE) reported its largest annual volume growth for the year to June 30, selling 1,529, up a quarter on the prior year. The pipeline of owned and conditionally purchased plots rose 5.6 per cent to 13,575 plots. Gleeson Strategic Land sold nine land interests with the potential to deliver 1,755 plots for housing development ..... Buy.

HTTPS://www.investorschronicle.co.uk/shares/2019/07/04/news-tips-persimmon-quilter-mj-gleeson-more/