At the end of February 2025, Kaufman & Broad's housing reservations in value terms were stable at €252.1 million incl. VAT. In terms of volume, they stood at 1,190 units, compared with 1,023 units in 2024, an increase of 6%. "Nordine Hachemi, the Group's Chairman and CEO, comments: "The continued growth of first-time buyers, who account for 21% of total reservations, compared with 14% in Q1 2024, offsets the decline in block sales. "The share of investors is up slightly despite the repeal of the Pinel scheme at the end of 2024."