Bellway upgrades price expectations amid market boom

By Joey Gardiner2021-06-15T09:17:00

Firm says labour and material shortages pushing construction costs up

Bellway has upgraded expectations of the average sale price of its homes for the year by £5,000 amid a continuing boom in the housing market.

The listed housebuilder said it now expected the average selling price of its homes to be around £300,000 for the year to July, compared to £295,000 last time it updated the market.

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