UK’s Persimmon’s forward sales rise 9% from pre-pandemic levels By Reuters
(Reuters) - Persimmon (LON:PSN), Britain's No. 2 homebuilder, said on Wednesday current forward sales are up about 9% from pre-pandemic levels, allaying some fears of a cooling housing market after the partial removal of a temporary tax break. The company said its current forward sales position stood at 2.23 billion pounds ($3.06 billion), compared with 2.48 billion pounds in the COVID-19 pandemic-hit 2020 period and 2.05 billion pounds in the comparable period in 2019. As part of a forward sale, a buyer and the builder enter into a purchase and sale agreement for a...
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