The Editor 

Safe as houses?

John Hughman

Safe as houses?

On paper, shares in housebuilders look like they should be in every investor’s portfolio. New mortgage figures released this week show approvals at a 16-month high, driven by first-time buyers, who account for more than half of all housing transactions, the highest proportion ever. Whatever the sentiment, that looks like a strong market and still fertile territory for housebuilders. 

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