Persimmon and Bovis feel the pain as sales plummet

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Persimmon and Bovis feel the pain as sales plummet

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01-09-2009, 08:30 PM

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Persimmon and Bovis feel the pain as sales plummet

Housebuilder Persimmon has reported that it completed the sale of 10,202 units in 2008, down from 15,905 in 2007.The developer described the short-term outlook for the UK housing market as challenging and expects to record a 42% fall in revenues in 2008, compared with the previous year.Last year, the average selling price of a Persimmon [...]

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