<p>Taylor Wimpey said in a trading statement today that the firm has performed “very well” so far in 2016, with increasing customer demand, up 14% in comparison to the same period last year, driving “a strong sales rate”. Average private net reservation rates increased to 0.80 sales per outlet per week for the year to date (2015 equivalent period: 0.76). Cancellation rates remained low at 11% (2015 equivalent period: 11%).</p> <p>TW’s total order book currently stands at 8,811 homes (2015 week 16: 8,200 homes), excluding legal completions to date. The firm has increased the total order book value by 16.6% to approximately £2,168 million from the equivalent point last year (2015 week 16: approximately £1,859 million), and by 21.9% from the year end.</p> <p>The firm says the short term land market remains stable, and TW continues to be able to source land at investment operating profit margins similar to those sourced in 2015. At the end of March 2016, short term landbank stood at around 78,000 plots, following the conversion of more than 3,000 plots from the strategic land pipeline – “this remains within the right size range for our business. Our strategic land pipeline stood at around 105,000 potential …