Nervous first-timers push builders to larger market

Article Abstract:

First-time home buyers in Britain are purchasing more three and four bedrooms than ever before because of the bargains currently on the market following the economic recession of the early 1990's. Property developers are building larger quality houses because they find that they can sell them more easily than the previously popular one and two bedroomed properties. Over 27% of the houses built in 1996 have four or more bedrooms, whilst only 7.5% have just one bedroom.

Industry Overview, Production management, Real estate developers, Economic aspects, House buying, Home buying, British, Homes and haunts

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Retirement homes sector looking in better health

Article Abstract:

Developers of retirement homes in the UK have seen poor demand over recent years. However, there are now signs that the market is starting to pick up again. McCarthy and Stone, the largest builder of retirement homes in the UK, has seen a rise in visitor numbers, and has benefited from introducing part-exchange deals. Sales have also started to rise at Pegasus Retirement Homes.

United Kingdom, Retirement communities

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