Housebuilder Stocks Rally 20%

Shares in housebuilders Taylor Whimpey, Persimmon, Barratt Developments, Berkeley are all up at least 20% year to date - are there still profits to be made?

Karen Kwok 25 April, 2017 | 3:38PM
Facebook Twitter LinkedIn

Housebuilder stocks Taylor Whimpey, Persimmon, Barratt Developments, Berkeley are all up at least 20% year to date – despite London house prices posting their largest annual drop in eight years this month.

UK housebuilders are among the best performing stocks in FTSE 100 year to date, as property prices outside of the capital have rallied and confidence in the housing market improves.

Following the EU Referendum result, the Halifax Housing Market Confidence Tracker saw the steepest fall since the tracker began, said Martin Ellis, Halifax housing economist. However, this month the survey showed a small improvement to +44, suggesting that consumer confidence in the housing market is finding a new normal.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Barratt Developments PLC669.23 GBP-1.82
Bellway PLC3,337.49 GBP-2.07
Berkeley Group Holdings (The) PLC4,437.74 GBP-1.27
Countryside Properties PLC514.50 GBP0.00
JPM UK Equity Core E Net Acc4.09 GBP-0.58Rating
Man GLG Undervalued Assets Profl Acc C166.50 GBP0.24Rating
Persimmon PLC2,747.00 GBP0.00
Redrow PLC693.60 GBP0.00
Taylor Wimpey PLC165.50 GBP0.00

About Author

Karen Kwok

Karen Kwok  is a Reporter for

© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies       Modern Slavery Statement