Housing Demand Builds After Leave Vote

A rise in revenues and average selling prices has been reported in recent research, which has been attributed to increased demand since the EU referendum result.

The Housebuilder Persimmon has documented a rise in 2016 revenues to £3.4billion, a rise of 8%, with volumes of legal completion growing by 599 new homes to 15,171. The average selling price for the Group increased to £206,700, a growth of 4%.

Along with customer demand, the firm stated that sales reservations during the autumn season also remained strong.

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