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...The company expects to build 7,500 homes in the 12 months to July, down from almost 11,000 in the same period a year ago. Shares were broadly flat in morning trading on Tuesday....
...According to the Green Finance Institute, the UK now has 60 “green” mortgage products....
...As America’s largest home-improvement retailer, Home Depot is often seen as a proxy for the US housing market....
...The improvements will “give us the flexibility and creativity that we want to move our business forward”, adds Maclean....
...The deal by the world’s largest home improvement company values Texas-based SRS at $18.25bn including debt and signals further emphasis on the professional contractor market for Home Depot, as consumers...
...Net debt has been pared by 10 per cent and the steady improvement in cruise metrics is buoying operating cash flows, doubly important as it will help the group meet a £150mn bond repayment due in May 2024...
...There were a few signs of home improvements at Kingfisher, the DIY chain that owns the B&Q and Screwfix businesses in the UK, although its performance overseas dragged down its results....
...Demand is falling from all the sectors that have been the largest buyers of steel: property developers, carmakers and home appliance companies....
...While these measures have had some success in certain areas, they have clearly failed to accomplish the crucial objective of keeping growth companies at home....
...“Previously, older borrowers may have used [mortgages] for home improvement, travel or to help a younger family member get on the property ladder,” said David Hollingworth, associate director at L&C, a mortgage...
...Even the inventory of new homes dipped a bit in 2023, as high mortgage rates put a damper on Americans’ desire to finance anything....
...Just buy it should you go to a funfair — there’s no excuse for eating that nonsense at home anyway. But the ultimate kitchen device? I refer back to my ice cream maker....
...Persimmon also noted the “strong improvement” at the end of the year, reporting that each of its sites on average sold 0.41 home a week in the fourth quarter, excluding investor sales, compared with 0.28...
...“[Yet] it is clear the improvements in consumer confidence seen [in] most months since January 2023 have vanished.”...
...Industry and consumer rights experts say this has driven many home-movers to lower-priced, less reputable services and put them at risk of removal scams....
...A Labour government should also be able to exploit the improvement in economic fortunes we’ve already seen....
...But as Beijing turns its focus to boosting investment in the local AI industry, SenseTime could find a bigger market at home....
...results that some improvement is creeping in....
...Giorgetti predicted that the cost of tax credits and other home improvement incentives would reach €219bn, more than 10 per cent of gross domestic product....
...Despite these hopeful portents, the group indicated that it would build fewer homes this year, indicating lingering market uncertainty....
...The improvement after using the RSC methods was up 24 per cent....
...But Labour confirmed its plans to continue to tap the private sector to finance trains....
...Given the substantial improvements in annuity rates since the start of 2021, analysts had been expecting the regulator to report a continuation in the surge in annuity sales reported the year before....
...After house price expectations remained in negative territory throughout 2023, Thursday’s report suggests that improvements in the latest data on house prices and mortgage approvals will continue....
...UK Finance says around 7 per cent of borrowers are on SVRs at any one time, although sometimes this is because they are expecting to sell their home in the near future....
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