Brexit hits housebuilder shares

July 1, 2016
Housebuilder share prices fell by up to 30% in the first few days following the UK’s vote to leave the European Union as concerns about consumer confidence threatened the market.(Pictured) Richard Donnell of Hometrack: “The immediate impact of Brexit is likely to be a fall in housing turnover”Housebuilders’ shares were among the worst hit as the markets reacted adversely to …

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