EL7.AI
StocksMedium•11 November 2026•
2 min read

Taylor Wimpey Expects Profit Near Lower End as Sales Fall to 0.60 Homes a Week

Key Facts

1Net private sales fell to 0.60 homes per outlet per week, from 0.63 in the comparable period.
2The cancellation rate held at 17%, unchanged from the comparable period.
3The company expects construction cost inflation of 3% to 4% in 2026.
4Taylor Wimpey shares fell 4.5% in early trading on November 11, 2026.

The update came on November 11 as housing affordability pressures persisted in the UK market. The company said net private sales per outlet per week were 0.60 homes between June 29 and November 8. The rate was 0.63 homes in the comparable period a year earlier. This means the pace of sales slowed as the company struggled to convert demand into reservations at the previous level.

The cancellation rate was unchanged from the comparable period, holding at 17% between June 29 and November 8. This indicates that the decline in sales was not accompanied by an increase in recorded cancellations, despite weaker trading activity. The company said selling prices had seen a further “modest decline” since the end of June. Buyer incentives also remained high, according to the Independent. These factors come as buyers’ ability to complete housing transactions is under pressure.

The company forecast construction cost inflation of 3% to 4% in 2026, adding pressure to developers’ finances alongside subdued sales. In housing market data, the Nationwide index showed annual house price growth slowing to 0.5% in October from 0.8% in September. Prices were unchanged month on month in October after seasonal adjustment, at -0.0%. These readings reinforce the picture of a market where price growth is slowing alongside weakened affordability. A Quilter analyst said, according to Reuters, that he expected the average selling price to fall year on year, citing the company’s comments and house price conditions.

Taylor Wimpey shares fell 4.5% in early trading on Wednesday following the company’s update, according to Reuters. Investors’ attention now turns to the UK’s monthly GDP estimate for September and the first quarterly estimate for July to September. The Office for National Statistics had set November 12 as the publication date for the monthly GDP estimate. The company lists its next trading update in its calendar for January 14, 2027. It is scheduled to report its 2026 annual results on March 4, 2027.