A profit warning from housebuilder Crest Nicholson has compounded fears of a housing market slowdown, as Rightmove data reveals a further drop in asking prices
UK housebuilders are dragging down the FTSE 250, which is in the red and down 0.25% this morning.
That’s compared with a sea of green across most of Europe’s indices:
FTSE 100 is up 0.4%
Germany’s XETRA DAX is up 0.6%
France’s CAC 40 is up 0.99%
Italy’s FTSE MIB is up 1.32%
