Redraw and Persimmon beat expectations

摘要

Housebuilders Redrow and Persimmon boosted the market this week with trading updates that allayed fears of a serious election slowdown in home buying, writes Joey Gardiner.rnRedrow said it was on course to build 2,500 homes this year, well above the expectations of analysts, which had predicted about 2,200. This came on the back of an update by Persimmon, which reported forward sales and legal completions of ￡1.15bn, a fifth up on last year.