<p>Vistry Group expects its profit for 2022 to be at the top end of forecasts, with the business also holding its AGM today (May 18) at which chairman Ian Tyler will step down.</p><p>Providing an update on the period from January 1 2022 to the present day, the housebuilder said that with the continuing strong demand for its homes, profit expectations for its first half had “moved forward”. For the full year, it anticipates adjusted pre-tax profit at the top end of the previously given range of £396.3 million to £415 million.</p><p>During the calendar year so far, Vistry has seen an average weekly private sales rate of 0.86 against the 0.75 of the equivalent period last year.</p><p>It said that it was operating well from its sites, with the company set to deliver construction output in H1 2022 at a similar level to last year’s first half.</p><p>Vistry pointed to its “very strong” forward sales position. Total Housebuilding and Partnerships’ mixed tenure forward sales were up to £2,498 million (May 14 2021: £1,938 million). It has secured 83% of total forecasted units for 2022.</p><p>Alongside the robust demand for its homes, in the year to date, Vistry has seen price increases of 5% to …