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New home sales crumble as demand wanes

More misery was forecast for housebuilders yesterday, after dismal comments made by Dresdner Kleinwort activated further selling of shares.
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New homes off menu until market recovers says Persimmon

Persimmon Homes is following Taylor Wimpey into the market’s malaise as the firm reports a 24 per cent drop in sales revenue, with an 18 per cent reduction in its property purchases.
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Counting the costs

Tim Hough, chief executive of Miller Homes, has backed Home Builders Federation boss Stewart Baseley's warning that the government ignores what the housebuilding industry has to say at its peril. In his April column in Show House magazine, Baseley, executive chairman of the HBF, re-ignited the debate on the best future use of rural land.
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January

New graduate Michael Welling has joined northwest-based firm McDermott Homes as a trainee land buyer.
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Mixed response

Browsing through Estates Gazette the other week I read an astonishing pop at you resi boys from the magazine’s editor Peter Bill.
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