12.05.2011 - UK housebuilders lifted by a rise in profits as market improves
British housebuilders Barratt and Bovis Homes both said they expected to report a rise in profit after a pick-up in sales, although activity will remain limited by tight mortgage availability. Barratt Developments, Britainís largest housebuilder by volume, said yesterday sales rates returned to normal levels from 1 January to 8 May, with private selling prices up four per cent, driven by a move to houses from apartments..............................................Full Article: Source
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