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Demand for new homes slows

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  • Demand for new homes slows

    Housebuilder Taylor Wimpey said as a result of increasing mortgage costs and the credit squeeze, demand for new homes is slipping.The amount of prospective buyers visiting showhomes and reserving new houses has declined recently and the housebuilder anticipates sales to be down 5% compared with last year. Peter Redfern, Taylor Wimpey’s chief executive, said an [...]

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