Taylor Wimpey said the housebuilding industry has entered into a period of “more balanced market conditions”, marked by lower rates of price growth.
The firm which last month received planning approvals for a new development of up to 400 houses at the Grange, Monifieth saw home completions rise 6% to 12,454 last year compared to 2013.
The firm’s overall selling price rose 12% during the year to £213,000, and its order book also rose by 12% to £1.4 billion.
However, after a surge in the housing market in the early part of last year, Taylor Wimpey said it was pleased to see signs of the market settling.
“As we enter 2015 we are encouraged by the more balanced market conditions, with a lower rate of price growth, which should create a healthy and more sustainable housing market,” chief executive Pete Redfern said.
The housebuilder which is developing sites at Carnegie Grange and Fordell Lea near Dunfermline, and has other options in the area said its order book represented 6,601 homes, the “optimum size for the business at this point in the cycle”.
It also welcomed the Government’s reforms to graduate stamp duty announced in the Autumn Statement, and said it was upbeat as it looked ahead to the May general election and beyond.