Housebuilder shares have rallied on Tuesday morning as market turmoil following the EU referendum enters its third day.
Share prices rose by 1.3% and 7% for housebuilders, which have seen declines of up to 40% since trading opened on Friday morning.
At the time of writing, Barratt Developments’ share price rose by 4.8%, Taylor Wimpey’s by 4.5% and Berkeley’s by 1.3%.
An analyst noted that this morning’s trading update from Redrow, which reported significant interest in its new launches at the weekend, had provided some confidence.
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