<p>Barratt’s new home completions in the year to the end of June increased by 5.3% to 17,319, the firm said in a trading statement released on July 13. Barratt said this was due to strong consumer demand during the financial year</p> <p>Profit before tax is expected to increase by around 20% to approximately £680 million, compared with £565.5 million last year.</p> <p>Average private sector selling price is up more than 10% to around £290,000 while net private reservations per active outlet per week rose from 0.64 to 0.69.</p> <p>Barratt ceo David Thomas said: “We have delivered another strong performance for the year. The disciplined growth in completion volumes reflects the strength of our sector leading build and sales teams. </p> <p>"Following the EU referendum, it is too early to say what the impact of the uncertainty facing the UK economy will be. The sector continues to receive focused government support, mortgage availability is good and there remains an undersupply of new homes. With a strong balance sheet and forward order book, and industry leading quality and customer service, we remain confident in the positive fundamentals of both the housing sector and our business.”</p> <p>The firm said that it had contingency …