I am still very confident of my future profits for the long -term home building stocks. This is why I am continuing to stick Ridro bratro (LSE: BTRW) Contributed to my wallet.

But the circumstances remain difficult for the Strip at the present time, as it is clear from the BarraTt Trading Trading update on Tuesday (15 July). The low completion news caused the expected and old issues that make profits that the company’s shares reach a tank.

The total completion reached 16,565 within 52 weeks to June 29, due to “” “Latest completion of international investors and investors in our business in London“This targeted scope was absent from 16800-1,200 homes, and it decreased from 17,972 in the Finance of 2024.

He also announced a new fee of 248 million pounds related to “Additional old property obligationsOn the side of Redrow. This includes 98 million pounds related to fire safety and armed concrete framework problems, which leads to payment of profits for the full year outside the line from the previous directives.

Looking at these problems, should I think about buying more Barratt shares?

Market reaction?

History of these historical construction problems has been, trading in Barratt Redrow, recently strongly strong, and even the collaboration of this completion. CEO David Thomas commented this circulation.It was affected by the caution of the consumer and the mortgage rates did not decrease as desired“But he went to add that”Our modified profits are in line with the market expectations“

The company also said its front sales. “KeepLast year. The total front sales were 9,835 homes as of June, compared to 9,426 in the previous year.

She said the cost savings also lead expectations, after the BarraTt-Redrow was integrated last summer. In the fiscal year 2025, the company achieved an annual synergy of 69 million pounds, which it said indicated.Well, on the way to achieving the goal that was previously promoted is at least 100 million pounds“.

For the current fiscal year, FTSE 100 expects a total completion between 17200 and 17,800. It also maintained its medium goal of 22,000 new homes annually.

It looks good

Tuesday’s update is reinforced by fears that home builders are likely to bear a rugged recovery. These old issues may throw some unwanted surprises in the short term. Weak economic growth in the UK continues, and the long housing buyers warned the threat of sales.

But I am confident that things are looking forward to a few years later for home construction. The interest rates should continue to decline, as the Bank of England responds to low inflation and seeks to enhance the economy. Intensive competition in the mortgage market should help in the ability to withstand the costs of the buyer.

Looking at the long term, I expect the demand for beginners bars buildings will rise strongly, driven by population growth and a lack of chronic homes. Barratt also has a strong public budget to invest in land to benefit from this opportunity also (net cash was 772 million pounds in June).

What next?

In a row at the time, my bullish outlook is still sound. But will I buy more of her shares for my wallet? The answer is no, but this is because of my great exposure to the UK home construction sector.

I also own Persimon and Taylor Wimbi Arrows and indirect exposure through my share in the brick factory Ibstock.

I think Footsie is still an attractive share for new investors to consider it. However, the probability of an additional disorder in the short term may not make it a suitable share for the risk arrows.