Housebuilder Bellway reports an increase in revenue of 14% to around £1.3bn for the six months to end of January 2018.
The company also pointed to further volume growth, with a 6.3% rise in the number of housing completions to 4,741.
The average house selling price has risen by almost 7.8% to a record £276,000 (2017 – £256,140).
Bellway says a 7.2% rise in the weekly reservation rate has contributed to a strong forward sales position, with the value of the forward order book growing by 15.7% to £1,297m.
The company has made significant investment in land with 6,726 plots contracted (2017 – 6,287 plots) on sites with attractive rates of return.
In a statement to the stock market, Bellway insisted market conditions continued to be favourable and customer demand for new homes remained strong.