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Actions of the housebuilder has elapsed - dragging other housebuilders, as its results for the first half confused dark data recent showing a fall in prices internally.

Rob Perrins, Director General, said that the housing market was robust in areas where production is limited and demand is led by buyers who can afford a mortgage loan to value low or do not need a whole. This trend is not just reserved for London and the Southeast, he explained, but areas such as York, Chester and Aberdeen.

Success of Berkeley, however, was motivated by London and the company has used the downturn as an opportunity to expand its acquiring in key areas of the capital. From 2004 to 2009, she bought only five sites in West London, but in the last month 20 purchased 17. "It's directed opportunity," said Mr. Perrins.

In the six months to 31 October, reserves sales increased Berkeley 20pc over one year and revenue growth of 290 million of ￡ in 2009 to 336 million from ￡. Profit before tax was ￡ 61. 6 m. society has also revealed that its net cash 317 m stack ￡ had been reduced to 253 million from ￡ during six months as 2,512 new plots of land have swallowed.

Mr. Perrins said House prices have been stable"showing"classic signs of bobbling the merits. However, he also expressed "of enormous interest" this planning, mortgage and environmental regulation may continue to restrict market and transaction volumes.

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