Taylor Wimpey PLC (LSE:TW.) said trading has remained "steady" so far this year, though pricing and costs are coming under pressure.
The FTSE 250-listed housebuilder said its net private sales rate edged down to 0.74 per outlet per week to 26 April, from 0.77 a year earlier, while cancellations improved to 14% from 16%.
Its order book shrank to £2.2 billion, reflecting 7,689 homes, from £2.3 billion and 8,153 homes a year ago.
Prices in the order book are around 1% lower year on year, with the sharpest pressure in the south of England and in London apartments.
Taylor Wimpey said customer demand remains resilient, but affordability constraints and macroeconomic uncertainty are weighing on pricing.
Build cost inflation is also now expected to be in the "low to mid" single digits in 2026, driven by rising energy costs and supply chain surcharges.
In the face of this backdrop, the company is increasing its outlet base, operating from 218 sites currently and expecting further growth through the year.
Land investment has been more selective, with around 1,000 plots approved so far this year compared with 1,700 in 2025.
Looking ahead, management's focus is on controlling costs, managing land spend and supporting customers, while relying on its landbank and balance sheet to deliver "growth and strong shareholder returns over the medium term".