Persimmon Sells Fewer Homes on ‘Constrained’ Lending Market
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Persimmon Plc, the U.K.’s third-largest homebuilder by volume, said it sold 4.7 percent fewer homes in the first six months of the year as the mortgage market remained “constrained.”
Persimmon completed the sale of 4,439 homes compared with 4,657 a year earlier, the York, England-based company said today in a statement. That generated sales of about 715 million pounds ($1.2 billion).