Berkeley Group Holdings (The) (BKG)

Sector:

Household Goods

Index:

FTSE 100

4,758.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 4,940.00p
  • 52 Week Low: 3,773.00p
  • Currency: UK Pounds
  • Shares Issued: 106.10m
  • Volume: 157,779
  • Market Cap: £5,048m
  • RiskGrade: 234

Think tank warns house prices could fall 14% in 2021

By Abigail Townsend

Date: Monday 14 Sep 2020

LONDON (ShareCast) - (Sharecast News) - House prices could fall by as much as 14% next year, according to analysis by the Centre for Economics and Business Research, hurt by the long-term economic impact of Covid-19.
The CEBR acknowledged that house prices were currently rising at a record rate. But it attributed that to pent up demand - after the lockdown temporarily halted the UK housing market - and emergency measures intended to mitigate the worst of the pandemic's immediate impact.

These include the Coronavirus Job Retention Scheme, mortgage payment holidays and raising the threshold on stamp duty, from £125,000 to £500,00. That was launched in July and will run until 31 March 2021.

But the think tank said that by the time the stamp duty reduction scheme came to an end, the economy would be struggling with higher unemployment. The furlough scheme ends next month and a wave of redundancies have been predicted.

The CEBR said: "What most of these factors have in common is that they are transitory in nature. The Coronavirus Job Retention Scheme...as well as the ban on mortgage possessions, is scheduled to end on 31 October, while stamp duty will revert to its original level in April 2021.

"Moreover, pent-up demand from the period of lockdown will eventually work its way out of the system in the coming weeks."

It concluded: "Our analysis suggests that prices will start to fall significantly towards the end of the year, and the first half of 2021 - though there might be a short spike as the stamp duty reduction comes to an end - with average house prices forecast to be 13.8% lower in 2021 than in 2020."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BKG Market Data

Currency UK Pounds
Share Price 4,758.00p
Change Today -4.00p
% Change -0.08 %
52 Week High 4,940.00p
52 Week Low 3,773.00p
Volume 157,779
Shares Issued 106.10m
Market Cap £5,048m
RiskGrade 234

BKG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
57.14% below the market average57.14% below the market average57.14% below the market average57.14% below the market average57.14% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average
Price Trend
77.37% above the market average77.37% above the market average77.37% above the market average77.37% above the market average77.37% above the market average
28.00% above the sector average28.00% above the sector average28.00% above the sector average28.00% above the sector average28.00% above the sector average
Income
16.77% above the market average16.77% above the market average16.77% above the market average16.77% above the market average16.77% above the market average
26.32% below the sector average26.32% below the sector average26.32% below the sector average26.32% below the sector average26.32% below the sector average
Growth
36.78% below the market average36.78% below the market average36.78% below the market average36.78% below the market average36.78% below the market average
15.38% below the sector average15.38% below the sector average15.38% below the sector average15.38% below the sector average15.38% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 6
Sell 4
Strong Sell 0
Total 14
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BKG Dividends

  Latest Previous
  Interim Final
Ex-Div 07-Mar-24 17-Aug-23
Paid 28-Mar-24 08-Sep-23
Amount 33.00p 59.30p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 124,637 @ 4,758.00p
16:35 43 @ 4,758.00p
16:35 385 @ 4,758.00p
16:35 162 @ 4,758.00p
16:35 459 @ 4,758.00p

BKG Key Personnel

CEO Robert C G Perrins
Finance Director Richard Stearn

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