The FTSE 100 can be a great place to find top value shares. I’m already an owner of Barratt Developments (LSE:BDEV) stock. And its stunning all-round value for money means now could be a good time to buy even more of its shares.
Here’s why.
Improving market
Housebuilders have had a tough time of late as higher interest rates have sapped homes demand. City analysts expect this to have pulled Barratt’s earnings 60% lower in the last financial year (to June 2024).
However, the number crunchers expect annual earnings to rise sharply from this point on. They’re anticipating a market recovery as the Bank of England (likely) starts trimming interest rates in the coming months.
Fresh data today (15 July) from Rightmove underlines how earnings could potentially rebound at businesses like Barratt. It showed average asking prices slip 0.4% year on year, to £373,493, this month.
But encouragingly it also revealed a…
