Clarion increases development 30% and doubles surplus in first half of year

By Carl Brown2024-10-28T11:46:00

Sales margin falls from 8.2% to 5.4% due to “market conditions”

Clarion has increased its development by 30% in the first half of the financial year.

The 125,000-home association, in an unaudited trading update, said it has built 792 homes in the year to date, up from 606 the previous year.

The figure means Clarion had built 43% of its homes towards its 2024/25 target of 1,828 at the half-way stage.

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