Upbeat Bellway Retains Caution

Summary


HOUSEBUILDER Bellway reported rising levels of reservations, sales values and land acquisitions today - but warned that markets are still "fragile."

The housing group, which has a north west base in Hunts Cross, revealed in a trading update for the four months to November 30, that reservations were 51% ahead on an admittedly greatly weaker comparative period in 2008.

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Extract


Upbeat Bellway Retains Caution

Average selling prices were 16% better and cancellation ra...

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