- Forward sale slump
- Ongoing fire safety costs
IC TIP:
Hold
Barratt Developments (BDEV) ended last year with a bang. In its results for the six months to 31 December, revenues and profits jumped despite another bang rumbling in the distance – the pull-back in house prices. They are in their longest period of decline since 2008 with some experts predicting they will have fallen 10 per cent by the end of 2023.