London stocks have recovered some of their losses after Monday’s falls. The FTSE 100 finished Tuesday trading at 6,881, up 0.5% over the day, while the FTSE 250 rose by 0.8% to 22,119.
In the blue chip index, Berkeley Group posted the biggest real estate rise, with its stock up 3.2% at 4,744p.
Other housebuilders posting gains included Countryside (+3.2%), Crest Nicholson (+2.8%) and Redrow (+2.3%).
National House Building Council statistics today showed new starts rising to a 14-year high of 46,452), their highest since the global financial crisis.
In the FTSE 250, the best performing real estate stock was Hammerson, up 3.5% at 35.59p.
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