Housebuilder and property website report strong first halves, despite estate agent Foxtons blaming general election for a slump in its profits

Taylor Wimpey, one of Britain’s largest housebuilders, and Rightmove, the property website, shrugged off the political uncertainty in the run-up to the spring election and enjoyed a strong first half – with further evidence that the housing market is picking up.

Taylor Wimpey said it had a “strong” spring and early summer selling season. It built 5,842 homes across the UK in the first six months of the year, with the average selling price rising 9.2% to £225,000.

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Source: The Guardian Circular Economy RSS