Taylor Wimpey (LSE:TW.) issued a trading update on Tuesday highlighting ongoing weakness in pricing across southern England alongside increasing build cost inflation, while reaffirming its fiscal 2026 adjusted EBIT guidance of £400 million.
The housebuilder said its order book now reflects a 1% decline in pricing, compared with a previously reported 0.5% drop, indicating that more recent sales are running at around 1.5% lower prices.
Cost pressures have also intensified, with expected build cost inflation rising from an earlier forecast of 2–3% to around 4%, moving into the mid-single-digit range.
Sales activity has remained broadly stable. Year-to-date sales per outlet per week stood at 0.74, or 0.72 excluding bulk transactions, slightly below last year’s level of 0.77 but unchanged from the 0.74 reported in the previous update covering up to week 19.
Cancellation rates were steady at 14%, while the total order book declined by 4.5% in value and 5.7% in volume.
Taylor Wimpey reported an average outlet count of 219, up from 208 a year earlier, with 218 currently active sites. The group said it remains on course to grow its average outlet count over the full 2026 financial year.
The company has adopted a more cautious stance on land approvals, completing around 1,000 approvals so far this year compared with 1,700 in the same period last year. It also confirmed it has completed £34.9 million of its planned £52 million share buyback programme.
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