Persimmon Homes Deliver Encouraging News in a Turbulent Housing Market

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Persimmon Homes, one of the UK’s largest housebuilder, reassured investors last week that targets will be met this year, in spite of higher mortgage rates, the end of Help to Buy and high inflation.

Persimmon Homes, one of the UK’s largest housebuilder, reassured investors last week that targets will be met this year, in spite of higher mortgage rates, the end of Help to Buy and high inflation.

Persimmon said it was likely to build 9,000 homes in 2023 and the average Persimmon house price rose to £256,445 in the six months to the end of June 2023. This is up £10,848 per house from the same time last year.

First time buyers accounted for 34% of sales in the first six months of this year, although this was down from the same period last year.