Bovis Homes upbeat as sales rise

UK housebuilder Bovis Homes said yesterday that sales rates and prices were beating management expectations. The firm said it received 989 private net reservations in the 19 weeks to 10 May, 26 per cent higher than the same period last year, helped also by a rise in the number of its sales outlets. The number of visitors to its sites rose 29 per cent in the year to date compared to the year-ago period.