Housebuilders Left On Shaky Ground ; Taking Stock

Summary


THE housing market stands on a threshold and so do the housebuilding companies.

Few can now doubt that the property sector has taken a turn for the worse after a leading indicator showed that prices fell by 1.1 per cent in October.

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Extract


Housebuilders Left On Shaky Ground ; Taking Stock

In the stock market it is, of course, the housebuilders who will feel the pain the most, and after several years of bumper profits the party must surely now be ov...

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