Cala continues to increase house construction levels
Cala continues to increase house construction levels
Abstract
Cala reported 1,527 completions to June 2022 – an increase of 3% on the 1,479 units completed last time. Pre-tax profit hit £98m from £77.6m on turnover up to £688m. Kevin Whitaker, CEO at Cala Group said: “The first half of 2022 has seen the group deliver a very strong performance. ‘The strength of the sales market in 2021 has continued into this financial year.
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In a trading update for the six months to 30 June 2022 Cala reported 1,527 completions to June 2022 – an increase of 3% on the 1,479 units completed last time. Pre-tax profit hit £98m from £77.6m on turnover up to £688m from £600m. Kevin Whitaker, CEO at Cala Group, said: “The first half of 2022 has seen the group deliver a very strong performance, ahead of forecast units, turnover and pre-tax profits. “The strength of the sales market in 2021 has continued into this financial year a...
In a trading update for the six months to 30 June 2022 Cala reported 1,527 completions to June 2022 – an increase of 3% on the 1,479 units completed last time. Pre-tax profit hit £98m from £77.6m on turnover up to £688m from £600m. Kevin Whitaker, CEO at Cala Group, said: “The first half of 2022 has seen the group deliver a very strong performance, ahead of forecast units, turnover and pre-tax profits. “The strength of the sales market in 2021 has continued into this financial year a...
According to ATTOM Data’s Q3 2022 U.S. Foreclosure Market Report, showing there were 92,634 U.S. properties with foreclosure filings (default notices, scheduled auctions or bank repossessions). This figure was up 3% from Q2 and up 104% from one year ago. In addition, ATTOM says lenders repossessed 10,515 U.S. properties (REO) in Q3 2022, up 18% from the previous quarter and up 39% from a year ago. Some key takeaways:
Nationwide in September 2022 one in every 4,413 properties had a foreclo...
According to ATTOM Data’s Q3 2022 U.S. Foreclosure Market Report, showing there were 92,634 U.S. properties with foreclosure filings (default notices, scheduled auctions or bank repossessions). This figure was up 3% from Q2 and up 104% from one year ago. In addition, ATTOM says lenders repossessed 10,515 U.S. properties (REO) in Q3 2022, up 18% from the previous quarter and up 39% from a year ago. Some key takeaways:
Nationwide in September 2022 one in every 4,413 properties had a foreclo...
The U.S. House of Representatives voted this week to give the Department of Housing and Urban Development an 18% increase in funding for information technology.
The post House votes to increase HUD budget by $12.6B appeared first on HousingWire.
The U.S. House of Representatives voted this week to give the Department of Housing and Urban Development an 18% increase in funding for information technology.
The post House votes to increase HUD budget by $12.6B appeared first on HousingWire.
This slowdown comes after two years of unprecedented growth in property prices. Much of this growth has been driven by a ‘race for space’ post pandemic, and attractive short-term stamp duty reductions.
But Zoopla points out that despite this lower rate of growth it is still a sellers’ market, with overall demand for housing across the UK significantly higher than the five-year average.
In total Zoopla figures show that annual property prices were up 8....
This slowdown comes after two years of unprecedented growth in property prices. Much of this growth has been driven by a ‘race for space’ post pandemic, and attractive short-term stamp duty reductions.
But Zoopla points out that despite this lower rate of growth it is still a sellers’ market, with overall demand for housing across the UK significantly higher than the five-year average.
In total Zoopla figures show that annual property prices were up 8....
Experts say the crane count has remained stable while multiple projects have also recently been completed or are planned for the downtown Phoenix area.
Experts say the crane count has remained stable while multiple projects have also recently been completed or are planned for the downtown Phoenix area.
It adds that the quarter also saw a rise in the number of new home registrations – the process by which housebuilders register plots they intend to build with the body – to 66,855, up by 45%.
The council says: “This uplift is in part due to builders seeking to minimise the cost impact of energy efficiency regulations introduced in June.”
It says that 11 out of 12 UK regions saw growth in the number of new home completions, with the largest increases in...
It adds that the quarter also saw a rise in the number of new home registrations – the process by which housebuilders register plots they intend to build with the body – to 66,855, up by 45%.
The council says: “This uplift is in part due to builders seeking to minimise the cost impact of energy efficiency regulations introduced in June.”
It says that 11 out of 12 UK regions saw growth in the number of new home completions, with the largest increases in...
Three major development projects in a Dayton suburb have roots back to a decision they made four years ago, Clayton officials said.
Three major development projects in a Dayton suburb have roots back to a decision they made four years ago, Clayton officials said.
House prices in the UK have increased 10.9% on an annual basis, with the average property in the UK being valued at £276,755, according to the latest data from the government’s house price index. The data found that house prices in the UK have risen by 0.5% since January this year. The UK Property Transactions ...
This story continues at UK house prices increase 10.9% from February 2021
Or just read more coverage at Mortgage Finance Gazette
House prices in the UK have increased 10.9% on an annual basis, with the average property in the UK being valued at £276,755, according to the latest data from the government’s house price index. The data found that house prices in the UK have risen by 0.5% since January this year. The UK Property Transactions ...
This story continues at UK house prices increase 10.9% from February 2021
Or just read more coverage at Mortgage Finance Gazette
Construction payment apps are on the rise, the European Union proposes to block Russians from buying European real estate, warehouse vacancy rates hit a 27-year low, and more. The Metaverse Group has made itself one of the most prominent virtual land owners, having invested more than $10 million into digital real estate purchases. (Katie Canales, Business […]
Construction payment apps are on the rise, the European Union proposes to block Russians from buying European real estate, warehouse vacancy rates hit a 27-year low, and more. The Metaverse Group has made itself one of the most prominent virtual land owners, having invested more than $10 million into digital real estate purchases. (Katie Canales, Business […]
The supply of homes for sale is on the uptick, the White House releases a plan to improve the permitting process for infrastructure projects, cryptocurrency opens the door to a new class of property owners, and more. Though the number of active listings is still down 67% from pre-pandemic levels, the supply of homes for […]
The supply of homes for sale is on the uptick, the White House releases a plan to improve the permitting process for infrastructure projects, cryptocurrency opens the door to a new class of property owners, and more. Though the number of active listings is still down 67% from pre-pandemic levels, the supply of homes for […]