<p><span>Berkeley Group has delivered 2,027 homes during its half year and increased pre-tax profit guidance for its current full year while continuing to deal with a market that “lacks urgency”. </span></p> <p><span>The housebuilder’s new homes delivery across London and the south east for the six months to October 31 2018 was down on the 2,190 achieved during the equivalent period last year, at an increased average selling price of £740,000 (2017: £721,000).</span></p> <p><span>Berkeley has increased its pre-tax profit guidance for the current financial year by more than 5%, with the full year split between the first and second half expected to be similar to 2017, “reflecting resilient trading in the period”.</span></p> <p><span>At the same time, the firm’s pre-tax profit for its first half fell from £539.9 million last year to £401.2 million.</span></p> <p><span>Revenue was slightly down from £1,664.5 million in 2017 to £1,653.4 million, with this being powered mainly by residential sales revenue of £1,513.7 million (2017: £1,597.1 million).</span></p> <p><span>Berkeley said trading conditions and the value of its new reservations during the six month period had matched the previous 18 months. “This reflects a market in London and the south east that lacks urgency. Pricing and cancellation levels are stable …