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Watch the RICS data during the summer 2020. Chartered surveyors publish price and selling volumes. This will guide us. If sales gather momentum, buy VTY.L
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Many families will not pay their mortgages, because they've lost their jobs. Thousands of renters will default on rent. The outlook for housebuilders in 2020 is grim, with a gradual recovery possible in 2021. The extra deaths will put loads of property on the market, weakening buy to let. I will watch VTY until a base forms during the summer.
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shares fallen from 1311p to 853p. a great time to buy
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The whole asset world is in a bubble, including house prices.
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trading update tomorrow, looks positive
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April 29 - Vistry has recovered to 800p or more. Is it a bear mkt rally?
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Pfizer inc. announce CV19 vaccine trial results : 90% efficacy (nov 9) huge rise in bourses worldwide. VISTRY- big rise. Stay in this stock. When medicine defeats Covid, business will gradually recover.