No Short-Term Recovery Expected in Housing Market, Says MJ Gleeson

No short-term recovery expected in housing market, says MJ Gleeson

The firm said profits over the past year have been hit by planning delays, the absence of a market recovery and rising costs.

Gleeson executive changes amid ‘subdued’ home sales – Northern Financial Review

Sheffield-based affordable house builder MJ Gleeson said the housing market “lacks confidence and remains subdued” and the firm “does not see a short-term catalyst for any substantial improvement.” Gleeson’s gloomy outlook came in a trading update for the year ended June 30, 2025, which also included a series of organisational and management changes “to enhance operational performance and commercial delivery at its Gleeson Homes division.” Glees…

Housebuilder MJ Gleeson forecasts annual profits at lower end of expectations

MJ Gleeson says UK 'housing market lacks confidence'

Housebuilder MJ Gleeson said the UK’s ‘housing market lacks confidence’ in a trading statement released on Friday that underscored the difficulties the builder faced over the last year. MJ Gleeson delivered results in line with market expectations for the year ended 30 June 2025, despite facing significant operational challenges that have prompted a major reorganisation […] The post MJ Gleeson says UK ‘housing market lacks confidence’ appeared f…