Vistry forward sales numbers soar 70% after Countryside deal

By Joey Gardiner2023-01-18T11:13:00

But housebuilder says it has “consciously” slowed land buying and is looking for cost savings in response to market downturn

Vistry has said the value of its forward sales had soared 70% at the end of 2022 compared to the year before, despite the fourth quarter downturn in the housing market, showing the impact of its merger with Countryside.

Reporting an end of year trading update following a week of gloomy figures from rivals including Barratt, Persimmon, Taylor Wimpey, Crest Nicholson and Gleeson, Vistry said its forward sales position had grown to £4.6bn from £2.7bn the year before.

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