Canaccord predicts recovery for UK housebuilders
2nd Dec 2020 11:53
(Sharecast News) - Bellway, Crest Nicholson and Redrow look particularly attractive as UK housebuilders profits start to recover from the Covid-19 crisis, Canaccord Genuity said.
Read moreUK construction PMI for September beats forecasts
6th Oct 2020 10:10
(Sharecast News) - Construction sector activity in the UK picked up further in September with new business coming in at its fastest clip since before the pandemic-induced lockdown.
Read moreCovid buying boom helps UK house prices hit fresh highs
30th Sep 2020 09:31
(Sharecast News) - Annual house price growth surged in September to the highest rate in four years, as the UK property market continued to boom post lockdown.
Read moreUK housebuilders too cheap to ignore, says Jefferies
24th Sep 2020 12:26
(Sharecast News) - UK housebuilders are too cheap to ignore, Jefferies said in a research note on Thursday.
Read moreThink tank warns house prices could fall 14% in 2021
14th Sep 2020 14:28
(Sharecast News) - House prices could fall by as much as 14% next year, according to analysis by the Centre for Economics and Business Research, hurt by the long-term economic impact of Covid-19.
Read moreBerkeley holds guidance on better-than-expected trading
4th Sep 2020 07:01
(Sharecast News) - House builder Berkeley maintained full year guidance as it reported better-than-expected production levels due to pent-up demand after the easing of coronavirus lockdown measures.
Read moreFriday preview: US non-farm payrolls, Berkeley Group Holdings in the spotlight
3rd Sep 2020 15:56
(Sharecast News) - The focus in markets will be squarely on the US non-farm payrolls report for August.
Read moreUK house prices bounce back in July thanks to pent-up demand
31st Jul 2020 08:53
(Sharecast News) - UK house prices bounced back in July, boosted by pent-up demand after the coronavirus lockdown ended, according to a survey released by Nationwide on Friday.
Read moreUK house sales start to improve as lockdown eases
21st Jul 2020 08:20
(Sharecast News) - The UK housing market started to pick up speed in June, data collated by HM Revenue & Customs showed on Tuesday, as lockdown measures eased and demand rose.
Read moreRightmove house price index improves following stamp duty holidays
20th Jul 2020 09:45
(Sharecast News) - Rightmove's latest House Price Index showed the average price of property coming to market in July hit £320,265, while the annual rate of increase of 3.7% was the highest seen since December 2016.
Read moreRishi Sunak plans job creation scheme for UK youths
8th Jul 2020 08:10
(Sharecast News) - Rishi Sunak will announce a new £2bn job creation scheme for under-25s on Wednesday as a way to support the younger generations through the unemployment surge due to the coronavirus pandemic.
Read moreFriday broker round-up
3rd Jul 2020 13:15
(Sharecast News) - Next: Goldman Sachs downgrades to sell with a target price of 4,400.0p.
Read moreJefferies cuts Crest Nicholson to 'hold' in upbeat sector note
26th Jun 2020 09:48
(Sharecast News) - Jefferies cut its rating on Crest Nicholson shares to 'hold' because of the company's higher-risk profile but the broker was upbeat on the wider sector's prospects.
Read moreFriday broker round-up
19th Jun 2020 14:21
(Sharecast News) - Domino's Pizza Group: Berenberg downgrades to sell with a target price of 250p.
Read moreBerkeley defers £455m surplus cash return as profit declines
17th Jun 2020 07:02
(Sharecast News) - Berkeley deferred returning £455m of surplus capital to shareholders for up to two years as the housebuilder reported a 35% drop in annual profit and almost £1.9bn of forward sales.
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