In a third quarter trading statement. Ian Sutcliffe, group chief executive, said that the firm saw an immediate increase in cancellation rates as a result of the EU Referendum.
“These have now returned to more normal levels and cancelled product has been reselling well since, often at higher prices.”
He added: “While it remains too early to tell what the longer term impact of the EU Referendum on consumers may be, demand for housing remains strong with good mortgage availability, affordability and continued political support for the sector.
“We remain on track to deliver expectations for the current year and our strategy remains unchanged.”
Completions jumped by 29% to 583 homes from April to the end of June with private average selling price up 7% to £348,000 on the same time last year.
Countryside said its number of sales outlets was up by over a third to 37 sites.
