Taylor Wimpey focuses on 2010 and expects house prices increases

Taylor Wimpey is the latest house builder to deliver a positive interim statement saying that "the UK housing market conditions continue to be significantly better than the equivalent
period of 2008. The main house price indices are showing increases over recent
months, with a gradual improvement in mortgage availability and a recent increase in
industry housing starts also contributing to positive sentiment."

They are now fully sold for 2009 , with the emphasis now on 2010 where it anticipates price increases. The companies net private reservation rate for the second half to date is 0.56 homes per site per week with the average selling price for private homes in the order book is currently c9% higher than the £163k achieved on private completions during the first half.

The half year results expect to deliver a higher average selling price on private completions in
the second half than that achieved in the first half. The total order book value is £1.00 billion.