Taylor Wimpey Expects Another Drop in UK Home Sales This Year [BNN Bloomberg (Canada)]
TAYLOR WIMPEY UNSP/ADR (TWODY)
NASDAQ:AMEX Investor Relations:
taylorwimpey.co.uk/corporate/investor-relations
Company Research
Source: BNN Bloomberg
Taylor Wimpey Plc said it expects to sell between 9,500 and 10,000 UK homes in 2024 excluding joint ventures, helped by an acceleration in completions in the second half of the year, according to a statement Wednesday. That compares with about 10,400 in 2023, which was even a steeper drop from 2022. “It is still early in the year and the macroeconomic backdrop remains uncertain,” Chief Executive Officer Jennie Daly said in the statement. “However, it is encouraging to see some signs of improvement in the market, with reduced mortgage rates positively impacting affordability and customer confidence.” Read more: Barratt to Buy Redrow in Deal Creating UK's Biggest Homebuilder The past year has been turbulent for the nation's developers as higher interest rates deterred buyers and increased their cost of capital. However, sentiment is slowly improving. A reduction in mortgage costs over recent months has eased the pressure on homebuilders, with lenders steadily lowering their rates
Show less
Read more
Impact Snapshot
Event Time:
TWODY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TWODY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TWODY alerts
High impacting TAYLOR WIMPEY UNSP/ADR news events
Weekly update
A roundup of the hottest topics