Housing Market Now Shows 'Green Shoots of Recovery'

Summary


NORTH-EAST housebuilder Bellway yesterday signalled its intent to begin building new homes again - as its chief executive said he saw "green shoots of recovery".

Bellway, which is based in Newcastle, and has about 1,200 staff, said in a statement to shareholders that it would move its focus away from cutting back debt and start building in parts of the UK where demand was strongest.

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Extract


Housing Market Now Shows 'Green Shoots of Recovery'

However it warned of a North-South divide in the housing market's return to health and said the p...

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