Tuesday, April 04, 2006 

Reuters: Bellway sees improving market Low-cost home builder Bellway (BWY.L: Quote, Profile, Research) posted a 2.1 percent fall in first half profit on Tuesday, but said it was encouraged by signs of improvement in housing markets in east London and Scotland. Bellway, which builds around two-thirds of its homes on "brownfield" or former industrial sites, said it sold 2,958 homes in the six months to end-January, broadly flat compared with a year ago, while the average selling price of houses in the six months fell to 166,600 pounds from 167,000.
posted by Johnny  @ 12:37 PM 0 comments


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