The Guardian has reported today that Barratt Homes have dropped the prices of their homes by 19% over the last year. The outlook for the company does not look good and they have moved to cut costs by closing their final salary pension scheme. According to the CEO, Mark Clare, site visitors are also down by 4% compared to this time last year, but there has been about a 10% increase since last month. The region worst hit according to Clare is the Midlands. Read more here.