Disruptive Technology

July UK housing snapshot

Ratings

Ratings and price correct at time of issue

Company Rating Date Previous Rating Date Closing Price
AO World plc NEUTRAL 22/09/21 N/A N/A 44.5p
ASOS plc NEUTRAL 29/09/21 N/A N/A 1038p
Auto Trader Group plc NEUTRAL 24/01/22 N/A N/A 646p
Auto1 Group SE NEUTRAL 09/02/22 N/A N/A 855c
boohoo group plc OUTPERFORM 22/09/21 N/A N/A 64.3p
Carvana Co NEUTRAL 09/02/22 N/A N/A 3017c
Cazoo Group NEUTRAL 08/09/21 N/A N/A 3915c
Deliveroo plc OUTPERFORM 18/01/22 N/A N/A 93.0p
Delivery Hero OUTPERFORM 18/01/22 N/A N/A 4781c
DoorDash Inc NEUTRAL 18/01/22 N/A N/A 7203c
HelloFresh SE OUTPERFORM 09/02/22 N/A N/A 2793c
In the Style Group plc OUTPERFORM 22/09/21 N/A N/A 36.5p
Just Eat Takeaway.com OUTPERFORM 18/01/22 N/A N/A 1926c
Moonpig Group plc NEUTRAL 06/10/21 N/A N/A 204p
musicMagpie plc NEUTRAL 29/09/21 N/A N/A 45.0p
Naked Wines plc NEUTRAL 06/10/21 N/A N/A 156p
On the Beach Group plc NEUTRAL 06/10/21 N/A N/A 108p
Purplebricks Group plc NEUTRAL 24/01/22 N/A N/A 15.0p
Rightmove plc OUTPERFORM 24/01/22 N/A N/A 655p

DAVY VIEW

For the first time in a while, approvals and transaction volumes have fallen below long-run averages. The UK housing market appears to be slowing, mortgage rates are rising and mortgage approvals and transactions declining. The sentiment-led Twindig index, up +7.2% in July, suggests the slowdown was widely expected and, thus far at least, within the parameters of expectation.

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Aug 2 2022, 08:00 IST/BST

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