Finance

Vistry expects profit boost at sales rate improves

By 2023-05-18T08:45:00

Greg Fitzgerald 2

Housebuilding giant Vistry has told investors its sales rate has continued to improve in the year to date as it pointed to a surge in full-year profit.

The developer’s average weekly private sales rate per site per week stands at 0.83, while the group said pricing had “remained resilient” due to the use of incentives particularly targeted at first time buyers.

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