Prices for its new homes and sales rates were at the upper end of the firm's expectations in the first six months of 2014 and profit margins had improved.
"We consider these to be positive moves for the housing market and our business, reducing the risk of overheating and increasing the long-term health of the market. We have not experienced, nor do we anticipate, any significant adverse impact on our customers."
It did not mention the possible effects of a Bank move to raise interest rates from their current record low of 0.5%. Financial markets appear to pricing in a hike in rates by the end of this year and analysts say the prospect of higher borrowing costs has weighed recently on housebuilders' shares.
"Customer confidence remains good, with increased employment security and a more affordable and accessible mortgage market underpinning demand," it said.
The housebuilder said the average selling price of completed houses rose to around £206,000 from £188,000 a year earlier. Looking ahead, the company highlights a solid order book for homes and continued support from Help to Buy.
"We believe that the market risk in the short to medium term has reduced in the first half of 2014 due to a general underlying economic improvement, the extension of Help to Buy to 2020 and balanced prudential measures to reduce long term risk," the trading statement said.
Along with other housebuilders, the company's shares enjoyed a rally in the early months of this year as the housing market gathered steam. But signs that activity may be coming off the boil somewhat have knocked the share price back from its highs in recent months. By mid-session on Monday, the shares were down 2% to 114.7p, compared with a high for this year of 130p hit in February.
"It would appear that while the short term outlook for housing continues to remain positive, all the talk about elevated house prices and the uncertainty over the timing of a possible interest rate rise, as well as recent measures to limit mortgage availability, has made investors more cautious about piling into a sector that is notoriously sensitive to cyclical cross winds," he said.
But looking at the prospects of
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