{"id":138885,"date":"2023-08-21T16:43:43","date_gmt":"2023-08-21T09:43:43","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housebuilders-shares-plunge-amid-fastest-drop-in-asking-prices-in-five-years\/"},"modified":"2023-08-21T16:59:00","modified_gmt":"2023-08-21T09:59:00","slug":"uk-housebuilders-shares-plunge-amid-fastest-drop-in-asking-prices-in-five-years","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housebuilders-shares-plunge-amid-fastest-drop-in-asking-prices-in-five-years\/","title":{"rendered":"UK housebuilders\u2019 shares plunge amid fastest drop in asking prices in five years"},"content":{"rendered":"<p>&#013;<br \/>\nCrest Nicholson forecasts lower profits after number of first-time buyers plungesBritain\u2019s housebuilders were the top stock market fallers on Monday morning after one of the biggest companies issued a profit warning and new data showed the fastest drop in asking prices in five years.Taylor Wimpey led the fallers on FTSE 100, down 3%, with Persimmon, Berkeley and Barratt down about 2%. The property website Rightmove fell 1%. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2023\/aug\/21\/uk-housebuilders-shares-asking-prices-crest-nicholson\" target=\"_blank\" rel=\"noopener\">UK housebuilders\u2019 shares plunge amid fastest drop in asking prices in five years<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Crest Nicholson forecasts lower profits after number of first-time buyers plungesBritain\u2019s housebuilders were the top&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-138885","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-A85","jetpack-related-posts":[{"id":142785,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housebuilders-investigated-over-possible-information-sharing\/","url_meta":{"origin":138885,"position":0},"title":"UK housebuilders investigated over possible information-sharing","date":"February 26, 2024","format":false,"excerpt":"\r Watchdog says there is need for \u2018significant intervention\u2019 over supply and quality of new homesBusiness live \u2013 latest coverageThe UK competition watchdog has opened an investigation into eight housebuilders after evidence they may be sharing commercially sensitive information.The Competition and Markets Authority (CMA) launched the investigation amid concerns it\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172096,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housebuilders-face-class-action-suit-over-alleged-collusion-to-inflate-prices\/","url_meta":{"origin":138885,"position":1},"title":"UK housebuilders face class action suit over alleged collusion to inflate prices","date":"June 30, 2026","format":false,"excerpt":"\r Law firms seek up to \u00a34.5bn on behalf of 700,000 buyers of new-build homesBusiness live \u2013 latest updatesBritain\u2019s biggest housebuilders, including Barratt Redrow and Taylor Wimpey, face a multibillion-pound class action lawsuit over claims that they colluded over higher prices for homebuyers.The lawsuit is being led by Mark McLaren,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12408,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-fears-hit-uk-housebuilders\/","url_meta":{"origin":138885,"position":2},"title":"Brexit fears hit UK housebuilders","date":"May 9, 2016","format":false,"excerpt":"\r Rise in share prices is checked as concerns about property market weigh on stocks\r \r Source : ft.com\r Read more...Brexit fears hit UK housebuilders","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76400,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/good-times-draw-to-close-for-uk-housebuilders\/","url_meta":{"origin":138885,"position":3},"title":"Good times draw to close for UK housebuilders","date":"January 12, 2018","format":false,"excerpt":"\r Slowing property prices and easing of government schemes increase pressure on sector\r \r Source : ft.com\r Read more...Good times draw to close for UK housebuilders","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76140,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housebuilders-take-blow-as-price-growth-slows\/","url_meta":{"origin":138885,"position":4},"title":"UK housebuilders take blow as price growth slows","date":"January 9, 2018","format":false,"excerpt":"\r Taylor Wimpey, Barratt and Persimmon share prices fall ahead of trading updates\r \r Source : ft.com\r Read more...UK housebuilders take blow as price growth slows","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131801,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-in-uks-top-housebuilders-fall-as-housing-market-cools\/","url_meta":{"origin":138885,"position":5},"title":"Shares in UK\u2019s top housebuilders fall as housing market cools","date":"November 25, 2022","format":false,"excerpt":"\r Large estate agent chain\u2019s profits also hit as interest rate rises and cost of living crisis put off potential buyersShares in some of the UK\u2019s largest housebuilders and one of the country\u2019s biggest estate agent chains fell on Friday, amid the latest warnings about the outlook for the housing\u2026","rel":"","context":"In &quot;Property 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