Barratt sales increase
Published: 10 May, 2013
Housebuilder Barratt has said that sales per site are up 18 percent year-on-year in the period since the Government’s announcement of Help to Buy.
In an interim management statement, Barratt said that in the year to date sales per site were up 9.7 percent overall, but that this increase had accelerated since the Budget measures. Average sales per site since the announcement were running at 0.72 per week, compared to 0.61 in the same period last year.
Private forward sales were up 28.5 percent on the same period in 2012 at £1.01bn, Barratt has said.
Mark Clare, group chief executive of Barratt, commented: “Our improved performance is being underpinned by stronger market conditions.”