<p><span>Taylor Wimpey is “on track” to deliver its full year expected results, it said today (November 13), while noting increasing customer caution in higher priced markets, especially London and the south east.</span></p> <p><span>Issuing a trading update, the volume housebuilder said that good demand for its homes continued in the second half of the year and that in recent months, cost pressures had eased.</span></p> <p><span>Sales rates for the year to date were at 0.96 sales per outlet per week, against the 0.81 of 2018. In the second half of the year so far, the firm’s sales rate was a “very good” 0.92 against last year’s 0.77.</span></p> <p><span>During the year to this point, it has operated from an average of 252 outlets, fewer than 2018’s 274.</span></p> <p><span>Taylor Wimpey stated that a strong order book was “key” to combating short term market uncertainty. As of November 10 2019, the value of its current total order book rose 12.5% against the same point in 2018 to around £2.7 billion.</span></p> <p><span>Forward indicators for sales have remained positive for Taylor Wimpey. However, it said, “we have seen some increasing customer caution, particularly in the higher priced markets of London and the south east, as a result …