Infrastructure and real estate
Focus on 5 FTSE housebuilding stocks as the UK hits record number of homes sold
July 22, 2021 10:01 PM AEST| By Kamalika GhoshSummary Home sales in the UK recorded the highest sale in June 2021, as buyers rushed to complete the deals to benefit from the stamp duty holiday. Stamp-duty holidays led to the surge in demand for houses, and the average home price .....
Have you taken a look at these 5 skyrocketing housing stocks?
July 20, 2021 03:55 PM AEST| By Suhita PoddarThe housing market in the UK has witnessed a boom recently despite the ongoing pandemic due to covid-19 induced changes in work and lifestyle patterns such as seeking properties which have wider open spaces, low interest rates, and stamp duty holid.....
Why are these 5 FTSE housebuilding stocks trending lower today
July 19, 2021 08:22 PM AEST| By Kamalika GhoshSummary The housing price in the UK rose by 0.7% in the month of July, which is the fourth consecutive month of the property price increase. Stocks of Barratt Developments Plc, Countryside Properties, Bellway, Vistry Group, Berkeley Group are t.....
Focus on 5 FTSE-listed real estate stocks amid housing market boom
July 15, 2021 11:10 PM AEST| By Team Kalkine MediaSummary House prices in May rose at the fastest pace since the financial crisis of 2008. Many homebuyers hurried to take last-minute advantage of the tax holiday in parts of the UK. Northwest recorded a 15.2% jump in prices, the sharpest.....
Blue-chip housing stocks mixed even as annual house price growth jumps over 13%
June 29, 2021 09:47 PM AEST| By AbhijeetSummary Heavyweight housing stocks traded mixed in the mid-morning deals The benchmark FTSE 100 oscillated marginally higher as blue-chips cracked Shares of Persimmon and Taylor Wimpey jumped over 2% The heavyweight housing stocks t.....
Carillion collapse: Govt liquidator to ask KPMG to pay £250 mn as penalty
June 25, 2021 12:09 AM AEST| By Kamalika GhoshSummary Carillion’s liquidator alleged KPMG did not examine accounts of Carillion properly and should pay £250 million as a penalty. The Lawyers of the Official Receiver has sent a pre-claim letter to KPMG before taking any action.&.....
Lens on Barratt Developments and Bellway as UK house prices hit a record high in June
June 21, 2021 10:34 PM AEST| By Kamalika GhoshSummary The UK housing prices recorded a new high in June for the third consecutive month. The average UK price rose by 0.8% in June compared to the surge of 1.8% in May 2021. UK house prices surged to make a new high of £336,073 in .....
Lens On 3 FTSE Real Estate Stocks as UK’s Housing Price Continues to Boom in May
June 11, 2021 02:32 AM AEST| By Kamalika GhoshSummary UK’s house-price index in May soared due to continued supply crunch and robust demand. Rics monthly report said that new listings were not sufficient for interested buyers, driving prices up throughout Europe. Prices were already.....
First Homes Scheme Offer Launched: Which Housebuilding Stocks to Look For
June 07, 2021 11:52 PM AEST| By Suhita PoddarSummary The newly launched government scheme will offer a discount of 30-50% for the first-time home buyers. Under this scheme, the Boris Johnson government will deliver at least 10,000 homes every year in the next few years. The UK govern.....
Focus on Bellway Plc and Cairn Homes Plc as The UK Mortgage Lending Slumps in April
June 03, 2021 12:49 AM AEST| By AbhijeetSummary Mortgage borrowing slumped to £3.3 billion in April from £11.8 billion in March. The spike in mortgage borrowings for March was short-lived and probably caused by the ongoing stamp duty holiday. However, experts had felt th.....
Savills Plc and Rightmove Plc in action as Housing Prices Rise Over 10% in May
June 01, 2021 09:20 PM AEST| By Suhita PoddarSummary UK housing prices rose by 10.9 per cent to £242,832 in May, touching an almost 7 year high The recent boost in the sector was supported by government measures including an extension of stamp duty holiday and new mortgage guarantee.....
Savills shares hit 52-week high on alliance with Samsung Life
May 28, 2021 02:11 AM AEST| By AbhijeetSummary Savills shares rallied more than 4 per cent in the late afternoon deals Subsidiary Savills IM has reached an agreement with Samsung SRA The stock of Savills rose over 4.39 per cent to a fresh 52-week high Shares of Savills Plc (LO.....
2 FTSE 250 Real Estate Stocks Under the Spotlight
May 27, 2021 11:29 PM AEST| By Suhita PoddarSummary UK real estate sector is expected to have a boom after property site Zoopla forecasts the housing market will touch £461 billion in 2021. Real estate major Hammerson was trending higher for the second day in a row, boosted by posi.....
Lens On 2 Realty Stocks as The UK Property Market Set for A Boom
May 26, 2021 07:24 PM AEST| By Suhita PoddarSummary A Zoopla report has forecasted 1.52 million home sales across the nation in 2021, higher by 45 per cent as compared to the previous year. The value of housing properties sold this year is projected to touch £461 billion, up 46 per.....
Focus On 3 FTSE Real Estate Stocks as UK Housing Prices Likely to Rise for Next 5 Years
May 24, 2021 08:04 PM AEST| By Suhita PoddarSummary Nationwide Building Society said house prices in the UK would continue rising even after the stamp duty holiday is withdrawn. The rising property prices signify a changing lifestyle pattern ushered in due to the pandemic, Nationwide sai.....
5 Housebuilding Stocks to Build Wealth in 2021
May 22, 2021 12:01 AM AEST| By AbhijeetUK’s new build sector has remained resilient throughout the coronavirus pandemic, which ultimately led to building confidence in the house building sector. The workload in this sector is seeing the biggest increase in the last five years as t.....
Lens On 3 FTSE 250 Housebuilding Stocks as House Prices See A Boom Outside London
May 17, 2021 10:43 PM AEST| By AbhijeetSumamary The average asking price of homes has jumped by £5,767, or 1.8% month-on-month to £333,564. The boom is being witnessed as sellers seek to make the best of an extended tax break on property sales. House prices in Wales ros.....
Lens on Persimmon and Barratt Developments as UK House Prices Touch Record High
May 11, 2021 02:29 AM AEST| By Suhita PoddarSummary The average property price stood at £258,204, reporting an 8.2 per cent hike year-on-year for April. The HMRC data for monthly property transactions for the UK home sales witnessed an increase in March 2021. Average UK house .....
BDEV And PSN Stocks in Focus Amid Rush in Housing Transactions by Hong Kong Buyers
May 06, 2021 08:07 PM AEST| By Suhita PoddarSummary Hong Kong citizens have been buying London homes after the UK government announced the BNO visa scheme. Since the announcement of the visa, over 50,000 homes got sold across London. Hong Kong nationals during the period of July 2020 an.....
Spotlight On 3 FTSE 250 Real Estate Stocks as March Sees Strongest Mortgage Borrowing
May 06, 2021 02:01 AM AEST| By Suhita PoddarSummary Net mortgage borrowing in the month of March was the strongest since 1993, at £11.8 billion. Mortgage approvals for buying a house was at 82,700, up from 73,000 in February. The housing market was primarily driven by homebuyers f.....