UK housebuilder Berkeley warned its sales would fall another 20 per cent over the coming year if stubbornly high inflation and rising mortgage rates kept the housing market on an uncertain footing.
The FTSE 100 group, one of London’s largest housebuilders, said on Wednesday that sales of new properties decreased 15 per cent on a like-for-like basis in the year to the end of April, compared with the year before, and flagged a further slowdown if current market conditions…
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