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Taylor Wimpey (TW.) & Barratt (BDEV): 2 stocks to buy and hold

Average housing prices in the UK rose by £44 per day in the six months to August, according to Zoopla Index. Housing prices in the UK rose by £30 per day over the six-month period from July 2020 to January 2021. In August, the average house price in the UK was £235,000. However, housing prices have seen variation and the price rise is not consistent across various cities in the UK. For instance, the average house prices in Cambridge grew by £23,357 since March 2020, and that in Aberdeen declined by £2,600.

High buyer demand can be attributed to lifestyle changes brought about by consecutive lockdowns. Nevertheless, tapering of stamp duty holiday in Northern Ireland and England from July, ending of government support via furlough scheme, and challenging economic conditions may impact demand in Q4 2021.Let us deep dive into two dividend-paying FTSE 100 listed housebuilding stocks – Taylor Wimpey and Barratt Developments.https://kalkinemedia.com/uk/stocks/infrastructure-and-real-estate/taylor-wimpey-tw-barratt-bdev-2-stocks-to-buy-and-hold

What do you think?

Written by John Smith