Barratt cuts new homes forecast as demand remains ‘tentative’

By Carl Brown2023-02-08T10:21:00

Spring improvement in sales less than hoped for

Barratt said it is expecting to complete around 1,000 homes fewer this year than it previously forecast, after sales rates did not bounce back as quickly as it hoped.

Britain’s biggest housebuilder, in its half-year results, said it now expects to complete between 16,500 and 17,000 homes in its full year.

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

Breaking industry news as it happens
Gain access to Housing Today’s Specialist CPD modules
Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now