Taylor Wimpey lifts house price hopes

The company's selling price for private homes has risen 9% from the £163,000 achieved in the first half of the year, it says, adding its sales focus will remain on continuing to increase prices through 2010. It says it is selling the equivalent of just over half a home every week on each of its 317 sites. The weekly rate of 0.56 compares favourably with the 0.4 rate it achieved in the second half of last year. Although Taylor Wimpey has not revealed the total number of houses it has sold this year analysts put the figure at 10,500. Despite the positive figures, the company remain...