We are learning the lessons of the past

Tony Williams

The country’s listed housebuilders are being battered, but they are in better shape than 12 years ago

What a difference a month makes. But then few months in modern times have gone from normality to a worldwide pandemic that is effectively shutting down towns and cities, regions, even whole countries.

The impact of coronavirus on the housebuilding industry is being keenly felt among listed firms. On 19 February the sector reached a new value-high of £53.5bn. Four weeks later, it had more than halved to £24.9bn.

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