Tuesday, Aug 25, 2009
'We're all right Jack', say Persimmon
BBC News: Persimmon sees improving market
The UK's largest housebuilder by volume, Persimmon, has said that the housing market is stabilising
Posted by smiling @ 10:25 AM (221 views) Add Comment
2 Comments
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1. waitingfor hpc said...
well they would would'nt they!
2. new user 2007 said...
"The company's profit was boosted by a gain of £27.9m after it decided that the value of its assets had increased."
They "decided"? Just like the banks have decided all the toxic assets are still worth their face value?
"The average selling price of houses was about £155,524, compared with £181,485 over the same period in 2008."
As all that is happening is stabilisation at a lower level, there is no need to rush in.