Sales for the first nine months totalled 336 homes for
“As expected, the market for new homes has been calm due to rising mortgage interest rates, high construction costs and general macroeconomic uncertainty. Our sales have nevertheless been satisfactory considering the market conditions, and in September we had several successful sales starts in
“We sell approximately one home every day now and the conditions are in place for a more stable market for new housing going forward. The need for housing is great, the supply of new homes is low, the construction cost is falling, and the announced peak in interest rates is imminent.”
The company started construction of 57 homes net during the quarter, completed 90 and delivered 74 to the buyer. During the first nine months,
At 30 September,
Gross sales for the third quarter of 2022 amounted to 102 homes worth
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