加皇资本：英国住宅建筑商持谨慎态度，因供应增加令买方优势增强

Core Viewpoint - The UK residential builders are becoming cautious as the industry shifts to a buyer's market, with the number of homes for sale reaching an 11-year high in February [1] Group 1: Market Conditions - According to analysts from Royal Bank of Canada, the incentives remain strong, but the sales pace has not rebounded during the spring selling season [1] - Rightmove's latest report indicates that asking prices have remained flat this month, which is unlikely to surprise residential builders [1] Group 2: Company Impact - The regional price trends for the month are most favorable for Gleeson, Persimmon, and Taylor Wimpey, while Berkeley, Crest Nicholson, and Vistry are seen as the least benefited [1]