Image from Google Jackets

Points North

By: Language: English Series: Housebuilder ; 67(5) June 2008, 14-15(2)Publication details: 2008Subject(s): Summary: Discusses the impact on local builders of the credit crunch and a first quarter fall in new home starts of 19%. Small to medium housebuilders were reticent to discuss the topic, but those who were interviewed consistently stated that trading conditions were tough and that incentives and profits from other parts of the company were helping to keep their businesses commercially viable. Also mentions that sales in certain price ranges have fallen noticeably as a result of difficulties obtaining consumer credit.

Discusses the impact on local builders of the credit crunch and a first quarter fall in new home starts of 19%. Small to medium housebuilders were reticent to discuss the topic, but those who were interviewed consistently stated that trading conditions were tough and that incentives and profits from other parts of the company were helping to keep their businesses commercially viable. Also mentions that sales in certain price ranges have fallen noticeably as a result of difficulties obtaining consumer credit.