--London-listed housebuilders are expected to build the fewest homes in more than a decade due to planning rules and high mortgage rates, the Financial Times reports, citing its own analysis.
--The FT says the sector is on track to build just over 50,000 homes this year, the lowest since 2013, according to its analysis.
Full story: https://tinyurl.com/54hndfk4
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
December 24, 2024 03:51 ET (08:51 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.