In a statement to investors, Barratt said the market for new homes remained strong, with demand continuing to exceed supply.
This year will see the biggest ever drop in shipments of PCs with demand continuing to fall into 2014, according to research firm International Data Corporation.
Inventory remains extremely tight in Montgomery, says Jonathan Hill, vice president of marketing and communications for MRIS, with demand continuing to exceed the supply of homes for sale.
"It worries me for what it says about what can happen in the next two years, in which we will have a sharp fiscal contraction, low external demand, continuing deleveraging by households and restricted credit to companies".
With global energy demand continuing to rise and oil remaining the primary energy resource, "it's a fundamental sustainability challenge to be able to combine the availability of primary energy sources with energy efficiency".
"With global and domestic demand continuing to weaken, we believe that this relatively brisk pace of new orders activity is unlikely to be sustained," said Millan Mulraine, senior macro strategist at TD Securities in New York.
