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		</div><p>Housebuilder Bovis Homes has said it expects to sell a greater number of new homes in 2011 off the back of an expansion in sales outlets.</p>
<p>The Kent-based group said while there was uncertainty around house prices, it still expected volumes and prices to be supported by fundamental supply and demand factors in the year ahead.</p>
<p>Bovis said it hoped to boost its average number of sales outlets by 15% to 76 by next year, which it said will help grow volumes year-on-year.</p>
<p>In its third quarter update, Bovis recorded 1,900 homes reserved for 2010 legal completion, at an average sales price of £160,000. Prices were up on £154,600 last year, and ahead of City expectations.</p>
<p>Bovis said it would be able to boost sales outlets after a drive to acquire land with planning consent saw it add 1,381 plots since July 1, most of which were in the south of England.</p>
<p>In the year to date, the group has acquired 3,255 plots at a cost of £182 million, and despite this still has £14 million of net cash.</p>
<p>Chris Millington, an analyst with brokers Numis Securities, said the group had performed well against a difficult backdrop.</p>
<p>Mr Millington said: &#8220;Despite the uncertain trading backdrop, Bovis anticipates trading off 15% more outlets in 2011, which should support rising volumes and margins.&#8221;</p>
<p>He said the statement was a &#8220;good update&#8221; and Bovis was making &#8220;strong progress&#8221; in improving its asset turnover by increasing its number of sales outlets.</p>
<p>Bovis returned to profit with a £3.5 million surplus for the six months to June 30, with the number of private home sales up by 3%.</p>
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