Legal & General-owned housebuilder Cala Group has said it has seen an “encouraging” recovery in reservations in the first two months of this year, with the market having returned to “normal” conditions.

In a statement accompanying full year 2022 accounts posted on Companies House, Cala chief executive Kevin Whitaker said the firm had seen a reservation rate of 0.64 sales per site per week in the first seven weeks of 2023, down from 0.85 in the same period in 2022.

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