Finance

Pent up demand continues to boost Persimmon

By 2021-11-09T08:40:00

A row of three semi-detached houses in Fleetwood Harbour Village

Source: Steve Daniels/Creative Commons/Geograph

Housebuilding giant Persimmon has told investors that sales in the current financial year are “well ahead” of 2019 and have returned to more normal levels when compared to a lockdown hit 2020.

In its trading update covering the period from 1 July to 8 November, Persimmon told shareholders that its average private new home sales reservation rate per site is around 16% ahead of 2019, and that the group expected to deliver an increase of around 10% in completions in 2021.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue