The latest homebuilder sector excitements from Barratt Developments
By Chris Bailey | Wednesday 7 September 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I am certain that there are a bunch of people who are excited that the latest house prices from Halifax showed a 0.4% increase in August, meaning (apparently) average UK house prices from this source were up 11.5% year-on-year. How pleasant statistically, but it is all looking in the past and what really matters, about the housing market and so much more in life, is what happens next. And that nicely brings us onto today’s full year numbers from Barratt Developments (BDEV).
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