Some Good News from Barratt Homes!!
Barratt Developments chief executive Mark Clare has ruled out further large scale job losses after boosting sales volumes.
After shrinking the business in July – a process that involved 1,200 job losses – Barratt embarked on a sales push that included price deals.
The house builder has seen average sales in the past 10 weeks grow 18 per cent on the previous 10 weeks.
Sales for the 19 weeks to 9 November averaged 197 a week, down 23 per cent on the previous year. But since the beginning of September, sales have averaged 233 a week, down 6.6 per cent on the same period last year.
Peter Bond Business Development Manager for Bondeck said “This fits with what we are finding across the board. Most of of our developer clients are increasing build rates and although things are still very tight, the mood is slightly more optimistic.”
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