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Housebuilders Drive London’s Mid-cap Index Higher

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"The prospect of a recovery in the UK housing market and continued consolidation talk sent housebuilders sharply higher on Thursday.
The sector’s best performer was Wilson Bowden (LSE: WLB.L - news) after it noted a “marked change in buyer confidence” in the last few months."

Strange that the stockmarket would react to baseless spin? There is no buyer confidence at the moment which is reflected in the 15 months in a row of declining prices. Could this be a "pump and dump" move by the builders themselves? Jack the prices up and sell!

Edited by Realistbear

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  • 301 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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