On top of that, the company said its number of housing completions
had grown by 5.7% to 10,892, smashing last year's record of 10,307.
Jason Honeyman, chief executive, said: "Bellway has concluded another successful year, further increasing the supply of much needed new homes and delivering a record number of housing completions
Chief Executive Jason Honeyman said: "Bellway has concluded another successful year, further increasing the supply of much needed new homes and delivering a record number of housing completions
. Quality and customer care remain a priority for the business and this has
The group said housing completions
rose 4% to 1,647 in the six months to June 30, with average private selling prices rising to around PS342,000, up from PS334,700 a year earlier.
Freddie Mac, a government-sponsored enterprise providing multifamily lending, found Baltimore produced a 3,500 unit surplus in in total housing completions
The weak new home sales came on the heels of reports last week showing declines in homebuilding, permits and housing completions
rebounded 2.5% to 1.213 M after dropping 2.7% to 1.183 M previously (revised from 1.188 M).
"Fine Gael in Government has presided over the lowest number of social housing completions
in more than 20 years - with just 4,000 homes constructed between 2011 and 2016.
Privately-owned housing completions
in March were at a seasonally adjusted annual rate of 1,205,000.
in May came in at a seasonally adjusted annual rate of 988,000.
Some 32,950 housing completions
were recorded between January and March, marking a 9% fall compared with the previous quarter and 3% lower than a year ago, according to data released by the Department for Communities and Local Government (DCLG).