Harworth takes valuation hit but housebuilder demand remains robust

Homes under construction at Waverley, South Yorkshire-min

Harworth Group has said yield movements and “softening macroeconomic conditions” hit valuations in 2022 in an end-of-year update.

In a trading update for the 12 months to the end of December, the firm said net development value would come in towards the end of market expectations when it announced its full-year figures on 14 March.

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