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Housebuilding companies add to housing gloom Housebuilding companies add to housing gloom
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Old 05-14-2008, 08:16 AM
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Post Housebuilding companies add to housing gloom
Redrow and Galliford Try have warned of significant falls in sales over recent weeks, adding to the gloom in the property industry.Redrow’s chief executive, Neil Fitzsimmons, said trading conditions were now even worse than he anticipated back in February as mortgage lending had all but dried up. The housebuilder also said cancellation rates are on [...]

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