Real Estate

Persimmon Sticks to Guidance, Joins Chorus Warning on Costs

A construction worker works on a roof at a Persimmon Plc's housing site near Sheerness.Photographer: Jason Alden/Bloomberg

Persimmon Plc maintained its sales guidance for the year as the company said it has yet to see any major impact from the Iran war on the UK’s housing market.

The company reported private forward sales that were up 7% since the start of the year, according to a statementBloomberg Terminal Thursday. That was thanks to both a slight uptick in the number of homes it is selling from each of its sites on a weekly basis and rising home prices.