Barratt cuts new homes forecast as demand remains ‘tentative’

By Carl Brown2023-02-08T11:07:00

Spring improvement in sales less than hoped for

Barratt said it is expecting to complete around 1,000 homes fewer this year than it previously forecast, after sales rates did not bounce back as quickly as it hoped.

Britain’s biggest housebuilder, in its half-year results, said it now expects to complete between 16,500 and 17,000 homes in its full year.

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