Summary
Housebuilder Taylor Woodrow yesterday predicted the cost of a new home would rise by 5pc this year as the UK housing boom showed no signs of slowing.
The group, one of the main contractors on the pounds 800m Newcastle Great Park project, said recent interest rate rises have had "no discernible effect" on housing demand as it unveiled a 30pc rise in profits and forecast another year of growth in 2004.See the full content of this document
Extract
Profits Rise As Homes Boom Powers Ahead
It also reported a strong pipeline of business with demand for UK houses ahead 39pc on a like-for...
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