In its latest quarterly trading statement, the Essex-based firm reassured investors that cancellation rates had since returned to more normal levels and affected products had been reselling well.
Ian Sutcliffe, group chief executive at Countryside, said: “Despite some fluctuations in the market as a result of the EU referendum, we continue to see robust visitor levels and sales reservations.
“We remain on track to deliver expectations for the current year and our strategy remains unchanged.”
Notwithstanding the cancellations, Countryside completed 583 units between April and June 2016, up 29% year-on-year.
The private average selling price of properties also rose from £325,000 during the April to June period in 2015 to £348,000 for the same period this year.
Meanwhile, Countryside’s housebuilding land bank increased to 19,600 units following the acquisition of new sites and replanned existing sites.
The news follows the firm’s initial public offering on the London Stock Exchange in February.
Founded in 1958, Countryside specialises in the urban regeneration of public sector land, and both private and affordable homes.
As of 30th September 2015 the company had completed 2,364 homes with revenues of £615.8m.
Last month two leading trade associations said Brexit would have a major impact for developers and housebuilders.
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