, Columnist
Britain's Housing Bubble Gets Bubblier
Taylor Wimpey shows homebuilders are still booming
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Anyone hunting for signs of sanity in the British housing market won't find much solace in Monday's trading statement from one of the country's biggest homebuilders.
Taylor Wimpey had tried to lower expectations in July by saying it expected sales to moderate in the second half after a bumper spring and summer. Yet CEO Peter Redfern was on Monday able to boast of a record order book as autumn proved an equally glorious season for flogging British homes.