Shares in Purplebricks slid yesterday by 8% at one point, dipping to 112p.
They finished the day 7% down at 114p.
Meanwhile shares in Countrywide shot up by 10% to 369p.
Another company to watch yesterday was LSL, which at one stage was up almost 3% and trading at 290p – a 12-month high. However, it closed as it started, at 282p.
Shares in other listed estate agencies barely moved.
Comments (4)
They must be short on stock as they’re overvaluing like it’s going out of fashion round here!
Dom must have unloaded his massive shareholding.
Oooh! Matron!
Yin and Yang
CWD
Noticeable that more properties are going under offer and sold amongst the brands but a shortage of instructions to replace Maybe t his will change as Spring approaches
Dixons going great guns in the Midlands . One of the smaller brands In Bristol who have 4 offices 1 let only 3 sales has just 27 properties currently for sale
Still too many branches with less than 30 instructions
Onwards and upwards as long as the BODS don’t meddle and leave well alone
Belzsize Park a thriving office under Greene & Co has just the 16 sales instructions now served up under the Hamptons banner Noticeable that iinstructions fell off a cliff in October post merger
https://www.zoopla.co.uk/for-sale/branch/hamptons-international-belsize-park-sales-london-10987/