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porca misèria

Builders On The Up!

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FTSE snapshot: five housebuilders among the top ten risers (in the 350). Along with a property investment trust, and others with property interests. Market decided less government crap might actually be good for builders?

Funny how some on HPC post a fall in builders shares as a great sign of doom, but seem to miss when they rise <_< As if a momentary snapshot either way really mattered!

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As if a momentary snapshot either way really mattered!

Exactly! So why did you bother with this post?

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FTSE snapshot: five housebuilders among the top ten risers (in the 350). Along with a property investment trust, and others with property interests. Market decided less government crap might actually be good for builders?

Funny how some on HPC post a fall in builders shares as a great sign of doom, but seem to miss when they rise <_< As if a momentary snapshot either way really mattered!

Don't you realise that this is DrB's much proclaimed DEAD CAT BOUNCE? ;)

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Ho hum.

Big noise - no content. / BDEV-5year chart

Relax, UK property is on its way down

Not only that, but the builders are down significantly (40% ish) from their 'recovery' peak in Sept 09, and collapsed again in May!

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Not only that, but the builders are down significantly (40% ish) from their 'recovery' peak in Sept 09, and collapsed again in May!

The funny thing is though if I were to read Dr Bubbs process correctly he is saying builders are a bellweather for what will happen in the wider housing market.

I am sure the housing market will register falls over a period a time, but I don't beleive the crash sheeple. Either way with such a poor correlation between housebuilders falls and housing market falls you could argue that pretty much anything thats fallen recently is predicting the fall in housing, the euro for instance. I am sure Bubb will have a neat little chart that shows some correllation but I'm afraid I don't it, nor by the by do I buy that this is some classic dead cat bounce ( with ensuing further fast and deep crash).

I like Bubbs posts they are well considered etc, I just don't choose to agree with them all the time.

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I noticed this yesterday I think it was the land registry figures combined with the overall Market pessimism yesterday caused them to plummet. I was expecting a bit of rally this morning when I saw the FTSE up but no, opened even lower today with a less than estimated rise from nationwide.

Bad couple of days for builders!

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I noticed this yesterday I think it was the land registry figures combined with the overall Market pessimism yesterday caused them to plummet. I was expecting a bit of rally this morning when I saw the FTSE up but no, opened even lower today with a less than estimated rise from nationwide.

Bad couple of days for builders!

Everything was down yesterday, the stockbrokers must have wanted some more money

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Everything was down yesterday, the stockbrokers must have wanted some more money

Builders under performed the Market yesterday, and today they under performed by about 3%!

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  • 153 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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