|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.4260 - 0.4260|
|52 Week Range||0.3400 - 0.5550|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Foxtons said it achieved double-digit revenue growth and better than expected profits for last year, but warned that the start of 2023 would be tougher as economic conditions toughen for many in the UK. The estate agent said on Thursday that its lettings business had grown strongly in 2022, but admitted that sales would be “subdued” as higher interest rates and inflationary pressure weigh on demand. Estate agents have warned that a challenging economic backdrop in the UK will continue to affect sales into 2023, as the market approaches the hottest time of year for house buying and selling.
Foxtons Group's (LON:FOXT) stock is up by a considerable 35% over the past three months. However, we wonder if the...
London landlords are being forced to reduce rents, as the cost of living crisis puts a ceiling on soaring prices.