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Britain’s housebuilders get back on the ladder to a boom

Posted on 25 February 2013

As Britain’s housebuilders prepare for their latest round of results, the City expects them once again to report a fresh rise in profits. And yet ahead of this week’s updates, there is change in the air. For the first time in a long time, the sector’s recovery may at last be being mirrored by the wider market. Whisper it, but the talk is that we could be seeing the start of a housing market resurgence.
As in previous months, the companies’ results will continue to spell out the sector’s upbeat story of repaired profit margins, as the companies build on land they bought more cheaply after the housing crash, move away from city-centre flats to family homes, and continue to increase their sales from a very depressed base………………………………………..Full Article: Source

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