WRAPUP 1-UK housebuilder updates fuel growing confidence
* Taylor Wimpey says period 'significantly better' than 2008
* CEO says no sign of prices or sales falling again
* Redrow says sales stable, prices ahead of expectations
* Nationwide consumer morale index highest since April 2008 * Taylor Wimpey shares rise 9.2 percent, Redrow up 7.6 pct
By Lorraine Turner
LONDON, Nov 4 (Reuters) - The price of a new British home has started to climb, according to housebuilders Redrow (RDW.L: Quote, Profile, Research) and Taylor Wimpey (TW.L: Quote, Profile, Research) who also reported stabilising sales, bolstering the sector and signs of growing consumer confidence.
Taylor Wimpey, Britain's second largest housebuilder by market value, said on Wednesday it was fully sold for 2009 and was bullish on a recovery, albeit at a sluggish pace.
The average price for private homes is 9 percent higher than the first half at 177,670 pounds ($292,500), it said. Continued...
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