Persimmon Builds Share Gain on Post-Brexit Reservations

The video discusses the performance of home builders like Persimmon post-referendum, highlighting strong sales and low cancellation rates. It covers land acquisition strategies, noting reduced land costs and market opportunities. The economic outlook suggests cautious growth with potential house price declines. The impact of interest rate cuts on the mortgage market is also explored, showing reduced rates and increased borrowing opportunities.

What has been the trend in sales rates for Persimmon compared to last year?

How have cancellation rates changed according to the recent figures?

What does the CEO's statement about land acquisition indicate about the company's strategy?

What are the expectations for house prices in the UK for 2017 based on the analysis?

How have mortgage rates changed since the referendum, and what impact does this have on housing demand?