UK homebuilder Taylor Wimpey reports stable net private sales rate, but anticipates reduced home sales in 2024.

UK homebuilder Taylor Wimpey reports a stable net private sales rate of 0.73 homes per outlet per week for the year to April 21, despite lower mortgage rates. The company expects to sell between 9,500 and 10,000 UK homes in 2024, down from 10,400 homes in 2023 and 13,500 in 2022. Taylor Wimpey's total order book value was at nearly £2.1bn on April 21, a decrease from £2.4bn a year earlier.

April 23, 2024
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