Housing market in UK starts to see slowdown

The long-anticipated slowdown in the UK housing market has left growth managers divided over the future of house building stocks. Key points of argument are the extent to which the downturn has already been built into the price of sector stocks and the importance of the London market for the industry. The speculation comes at a time when housing stocks are performing well in the FTSE All Stocks index. The construction and building materials sector has gained 20.61% from the start of the year to May 19, the third best performing sector in the market. Alastair Stewart, building and co...