<p>Cala's revenue and profit increased in 2022, but its forward sales have been impacted by recent economic upheaval, it said.</p><p><span>Issuing its preliminary results for the year to December 31 2022 with its audited accounts to be finalised in March, the housebuilder said its revenue had lifted 9% on 2021 to £1.36 billion. It anticipates a 27% increase on pre-tax profit to £169 million.</span></p> <p><span>Cala’s total home completions during the year rose 4% to 3,027 homes. The private average sales price improved from 2021’s £462,000 to £492,000.</span></p> <p><span>The firm said that strong market conditions for the first nine months of the year allowed it to sell out for 2022 in September. But the final quarter of the year caused sales per site per week for the 12-month period to fall to 0.62 from 2021’s 0.76.</span></p> <p><span>“This reflects a reduction in sales rate during the final quarter of the year, when changes in the mortgage market, triggered by the UK government’s mini budget, began to affect buyer confidence,” Cala </span><span>confirmed</span><span>.</span></p> <p><span>As of the end of 2022, Cala’s private forward sales were 751, equating to £396 million GDV (gross development value), a decline on 2021’s 994 units and £488 million GDV, reflecting the …