Finance

Barratt warns of ‘marked slowdown’ in housing market

By 2023-01-11T08:53:00

Barratt homes

Barratt Developments has warned investors of a “marked slowdown” in the housing market in a trading update for the half year to the end of December 2022.

In the update, the housebuilding giant said the outlook for the second half of the year was uncertain ”with homebuyer confidence and the availability and competitive pricing of mortgages critical to the health of the UK housing market in the coming months”.

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