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UK: Housing market ‘most positive’ in five years, says housebuilder Barratt

Posted on 10 May 2013

The housing market is at its strongest in five years, according to Barratt Developments, Britain’s biggest housebuilder. “The present market backdrop, in terms of consumer demand and mortgage supply, is the most positive we have seen for five years,” Barratt said in a trading update on Tuesday. “The group expects to deliver a significant year-on-year improvement in operating profit.”
The sector is benefitting from being the focus of Government attempts to get the economy moving, most recently through the Help to Buy package of shared equity funding and mortgage guarantees unveiled in the Budget………………………………….Full Article: Source


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