# Inflation surprise sets UK homebuilders for biggest rally since 2008
Published: 2023-07-19
Category: Headlines
Category URL: https://brandsjournal.com/category/headlines/
Meta Title: UK Homebuilders Rally on Inflation Surprise
Meta Description: Don't miss out on the biggest rally in UK homebuilders since 2008! Get the latest on soaring stock prices and market trends here.
URL: https://brandsjournal.com/inflation-surprise-sets-uk-homebuilders-for-biggest-rally-since-2008/

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qswaa30048wirgqe46utzd/images/2023-07-19t072342z1lynxmpej6i082rtroptp4britain-economy-houseprices-1737055541685-compressed.jpg)

## Inflation surprise sets UK homebuilders for biggest rally since 2008   MILAN (Reuters) – Shares in UK property-related stocks rallied on Wednesday as investors cheered data that showed UK [inflation](https://brandsjournal.com/greek-eu-harmonised-inflation-rises-in-september/) slowed faster than expected in June, which sent an index of homebuilder shares up by the most since late 2008.    By 0718 GMT, the FTSE 350 homebuilders index soared almost 7% and was set for its biggest one-day gain since November 2008. A gauge of UK real estate [stocks](https://brandsjournal.com/stock-pickers-reckon-its-time-to-move-on-from-central-banks/) gained over 6%, on course for its best day since February.        (Reporting by Danilo Masoni; Editing by Amanda Cooper)


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---