Taylor Wimpey is encouraged by its performance

Taylor Wimpey, the housebuilder, has reported a 62% rise in sale reservations in its latest interim statement.Its order book for private house sales stands at 3,048 homes, compared with the 1,887 at the start of 2009.

The group sold 10,186 homes last year, down from 13,394 with the average selling price falling to £160,000 from £171,000.

Taylor Wimpey said: "Our UK business has maintained its encouraging performance since our Interim Management Statement in November and we enter 2010 with a very strong order
book position, up 28% by volume compared to the end of 2008. In North America,
we are encouraged by the prolonged period of stability we have experienced since
early 2009. The Board therefore expects to report full year results in line with its
expectations."