Wed, 11th Nov 2020 10:18
(ShareCast News) - Retirement housebuilder McCarthy & Stone reported a surge in first half revenue as completions and selling prices advanced. The company posted a 33% rise in revenue to £250.2m as legal completions increased 19% to 923 and the net average selling price pushed up to £253,000 from £2
Read more(ShareCast News) - HSBC initiated coverage of UK housebuilders saying the sector offers exposure to an area of real undersupply, with the UK government "largely pulling out all the stops to help". It started Barratt Developments, Bellway, Berkeley, Bovis Homes, Crest Nicholson, Galliford Try, McCart
Read more(ShareCast News) - Jefferies has upgraded house builders Barratt Developments, Berkeley and Galliford Try due to the UK's continued housing shortage outweighing other concerns. The broker said it believes the government's 100,000-a-year target is not achievable with current construction skills short
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