House prices: Developers set to confirm build on property market success

House prices: Developers set to confirm build on property market success
 

Full-year figures on Wednesday from Barratt Developments are set to confirm another robust year for the sector. 
A detailed trading update in July has already set the scene for strong numbers from Barratt. 
It upped its outlook for full-year pretax profit to rise from £682.3 million to around £765 million, above the consensus range of £699 million to £740million. 
Barratt’s average selling price for its homes in the year to June 30 increased by 5.9 per cent to £275,000 and total completions came in at 17,395, the highest level in nine years. 
The results show house prices in the new-build... read more

 
4 September 2017 in Business, Views: 43
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