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Tag: Bovis

Things may look slightly better in the housing market, but I wouldn’t get too excited

Things may look slightly better in the housing market, but I wouldn’t get too excited

The balance of the news over the past couple of weeks suggests things are getting better rather than worse. But what does it all say about the medium-term prospects of the housing market? To recap. Today Persimmon released a broadly positive interim management statement with the tasty nugget of a 35% increase in first-time buyer visitors over a year ago. Bovis also released its statement today which said private reservations in the 44 weeks to November 4 were up 22%…

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Media plays down housing crisis – 160,000 house building jobs to go

Media plays down housing crisis – 160,000 house building jobs to go

Not a headline you might expect. And let’s hope the house building industry doesn’t shed 160,000 jobs, but it is looking ever more likely. First let’s get one thing out of the way. The media is blamed for hyping the crisis we now find ourselves in. To hold that view is to simultaneously seek to shoot the messenger while keeping your head firmly buried in the sand. The media may get it wrong sometimes. The media may misrepresent complex issues….

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