Housebuilder reporting robust demand for new houses post referendum
The construction industry is beginning to report on business performance post the EU Referendum and with the number of new build E&W EPCs in July 2016 up 2.4% there may be room for optimism. Housebuilder Persimmon has also reported a 29% jump in first-half profits and been quoted that “since the referendum customer interest has been robust” and that “private sale reservations since 1st July were 17% higher than at the same time last year”.
Sales of existing dwellings did “stutter” in July but EPC lodgement data, which is reported daily, suggests that things are picking up in August, albeit still about 10% down on the same month last year.
For more information read the BBC website http://www.bbc.co.uk/news/business-37162613