(Reuters) - Britain's second-largest homebuilder Persimmon (LON:PSN) on Wednesday joined smaller rival Taylor Wimpey (LON:TW) in dispelling inflation-led slowdown concerns as demand remained strong in an undersupplied housing market.
Persimmon said its year-to-date forward sales, the agreement between a builder and a buyer with a future purchase date, stood at 2.8 billion pounds ($3.53 billion), compared with 3 billion pounds a year earlier, when the sector was supported by several government measures.
($1 = 0.7943 pounds)