U.K. Housebuilders Cautious as Buyers' Leverage Increases on Higher Supply -- Market Talk

Dow Jones

02/16

0750 GMT - U.K. housebuilders are turning cautious as the sector shifts into a buyers' market, with homes for sale reaching an 11-year high in February, RBC Capital Markets analysts Anthony Codling and Oliver Dyson say in a note. According to Rightmove's latest report, asking prices remain virtually flat for the month and are unlikely to surprise housebuilders, the analysts say. Incentive levels remain high and sales rates have yet to bounce into the spring selling season, RBC says. On a weighted average year-on-year basis, regional house price trends in the month benefit Gleeson, Persimmon and Taylor Wimpey the most with Berkeley, Crest Nicholson and Vistry seen as benefiting the least, RBC says. (anthony.orunagoriainoff@dowjones.com)

(END) Dow Jones Newswires

February 16, 2026 02:51 ET (07:51 GMT)

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According to Rightmove's latest report, asking prices remain virtually flat for the month and are unlikely to surprise housebuilders, the analysts say. Incentive levels remain high and sales rates have yet to bounce into the spring selling season, RBC says. On a weighted average year-on-year basis, regional house price trends in the month benefit Gleeson, Persimmon and Taylor Wimpey the most with Berkeley, Crest Nicholson and Vistry seen as benefiting the least, RBC says. 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According to Rightmove's latest report, asking prices remain virtually flat for the month and are unlikely to surprise housebuilders, the analysts say. Incentive levels remain high and sales rates have yet to bounce into the spring selling season, RBC says. On a weighted average year-on-year basis, regional house price trends in the month benefit Gleeson, Persimmon and Taylor Wimpey the most with Berkeley, Crest Nicholson and Vistry seen as benefiting the least, RBC says. (anthony.orunagoriainoff@dowjones.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 16, 2026 02:51 ET (07:51 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}