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Will the housebuilders' bullish attitude last?

Persimmon and Barratt Developments have warned that sales rates have started to return to more normal levels ahead of the stamp duty break deadline on 31 March
January 13, 2021
  • Housebuilders reported a sizeable recovery in sales following the introduction of the stamp duty break
  • However, there are concerns the end of the tax holiday, help-to-buy restrictions and whether rising unemployment could curtail progress

Persimmon (PSN) joined peers in unveiling a sharp bounceback in completions during the second half of last year, but warned that the surge in activity induced by the stamp duty break had already begun to slow. 

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