Housing 'Will Bounce Back Next Spring

Summary


Housebuilder Redrow - which is behind a major new development in Birmingham - has predicted a spring upturn for the UK housing market.

The group believes changes to the UK pension regime and the likelihood of lower interest rates are likely to see a resurgence of demand for new homes in 2005-06.

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Extract


Housing 'Will Bounce Back Next Spring

In the year to June 2005 it saw home completions rise by two per cent to 4,37...

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