CALA Group has revealed a "significant" improvement in operating profits, suggesting the top end of the housing market continues to perform well.
In a trading update, the upmarket housebuilder said its average selling price increased from £328,000 to £339,000 during the 12 months to June 30, 2012.
The Edinburgh company confirmed that it has seen stable prices across its operations but added that the south-east of England and the east of Scotland have been the most resilient performers.
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