Shares in UK’s top housebuilders fall as housing market cools

Shares in UK’s top housebuilders fall as housing market cools - short news


Large estate agent chain’s profits also hit as interest rate rises and cost of living crisis put off potential buyers

Shares in some of the UK’s largest housebuilders and one of the country’s biggest estate agent chains fell on Friday, amid the latest warnings about the outlook for the housing market, as potential homebuyers are squeezed by rising interest rates and the cost of living crisis.

LSL Property Services, one of the UK’s largest estate agent chains, saw its..


Read more on The Guardian

source: The Guardian - 25.11.2022

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