Persimmon shares edge ahead despite gloomy housing market news | Business | guardian.co.uk
More gloomy news for the housing market, with falling consumer confidence and government spending cuts making people more cautious about big money purchases.
After Halifax said house prices fell by a greater than expected 1.3% in December, housebuilder Persimmon said it expected little growth in sales or prices this year. The company said sales activity had slumped by around 50% in December, as the winter weather exaggerated the traditionally quiet pre-Christmas period for house purchases. But it hopes some of those potential customers will have merely postponed their purchases:
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