Markets seem to have read the runes wrong when it comes to housebuilders. Taylor Wimpey (TW.) is a case in point in that regard. There were no negative aspects to the firm’s trading statement. There was no negative impact from the Mortgage Market Review. The prices of homes rose by 9 per cent in the first six months of the year. Furthermore, total orders totalled £1.6bn by the close of the period, well above the £1.26bn seen in the previous year.
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