Barratt Developments says demand for new homes 'strong'
Barratt Developments has said that there remains "strong demand" for new homes, although the London market is cooling.
In a trading update, Barratt, one of the UK's biggest housebuilders, said sales since July had risen by 4.3%.
But the company said the London housing market was "more challenging" because of the higher selling prices.
The news comes on the day that a report said first-time buyers need more help to stop a decline in home ownership.
Average prices have fallen in central London due to an increase in stamp duty property tax and the uncertainty created by the... read more
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