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Persimmon warns housing market downturn gathering pace

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  • Persimmon warns housing market downturn gathering pace

    One of Britain’s leading housebuilders, Persimmon, is to write-off £600 million (19%) of the value of its land.Furthermore, the company, which is based in York, warned that as house prices continue to fall, it expects a 10% fall in the selling price of its new homes for the latter-half of this year - twice the [...]

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