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.

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