bellway said tuesday that it has seen a sustained recovery in sales demand over the spring selling season when compared to the fourth quarter of 2022 and it backed its guidance the house builder said that in the period from feb 1 to june 4 it saw an average of 190 reservations a week down from 253 in the same period a year prior average weekly private reservations fell to 139 from 198 in fiscal 2022 it backed guidance for housing completions for the full year to be around 11000 homes down from 11198 in fiscal 2022 the average selling price is set to be around 300000 pounds 375420 compared with gbp314399 in fiscal 2022 bellway said its forward order book fell to gbp171 billion across 6172 homes from gbp240 billion over 8152 homes while it remains mindful of macroeconomic factors and it continues to expect lower volumes in fiscal 2024 demand has shown a sustained improvement over the past nine months with an onweek improvement in private reservations in january and february that was maintained across the spring selling season bellways experienced teams strong balance sheet and high quality land bank position the group well to successfully navigate changing market conditions and continue to play an important role in increasing housing supply in the years ahead chief executive jason honeyman said