British high-end housebuilder Berkeley Group Holdings said that underlying sales in the first four months until August were ahead of the same time last year, as robust demand and higher prices continued to offset rising costs.
Berkeley, which sells homes on an average for around twice the national UK house price, caters to an upmarket customer base, which generally is unlikely to fret over the cost-of-living crisis.
But the FTSE 100 firm said it had to cope with surging build costs.
The company, which focuses on London and the South of England, said it was on track to meet its profit forecast of about £600m for the year to April 30, 2023.
