UK homebuilders mixed as RBC shakes up ratings

Shares of British homebuilder Taylor Wimpey TW.L rise 1.9%, Persimmon PSN.L gains 1.6% after RBC upgrades both to "outperform" from "sector perform"

RBC expects TW to benefit from strategic landbank as Planning and Infrastructure Bill nears Royal Assent, boosting planning approvals

Brokerage upgrades PSN on expectations of opening more sites than peers, driving higher sales volumes

Barratt Redrow BTRW.L falls about 0.4% after RBC downgrade to "sector perform" from "outperform", citing Redrow integration challenges, absent CFO

Berkeley Group BKGH.L drops 0.2% on cut to "underperform" from "outperform" over mansion tax, rental income tax impact

UK house prices rose slightly more than expected in Nov, defying budget concerns - Nationwide

YTD, as of last close, PSN up 11% vs TW slumps 17%, BTRW down 12%, BKG declines 5%