Crest Nicholson Holdings has lowered its full-year profit and housebuilding forecasts after weaker-than-expected demand and pricing pressure weighed on trading over the summer. The housebuilder now expects full-year completions of between 1,350 and 1,400 homes, down from its previous guidance of 1,400 to 1,500. It…
The post Crest Nicholson cuts profit outlook as summer housing demand weakens appeared first on Mortgage Strategy.