Share prices steadying in the house building sector

The share prices of house building and construction companies are beginning to steady after a strong period of growth over the past year, according to Trevor Green, UK equity fund manager at Credit Suisse Asset Management. Green says that with the UK economy in good shape and the US slowdown, investors have been looking at domestic orientated sectors like house building. Likewise, construction companies have seen an increase in the number of contracts on offer and government spending, from which they are now seeing decent returns. Just before the election the Government is also promis...