Britain's housing market has recorded a drop in house prices and softer buyer demand after the Bank of England sought to tame stubborn inflation by hiking interest rates. But unlike its bigger rival Barratt Developments (LON: BDEV ), Taylor Wimpey (LON: TW ), Britain's third largest housebuilder by market value, said it would not reduce the number of houses it plans to build this year, despite higher costs and wary buyers weighing on profitability. The group said it planned to build 10,000 to 10,500 homes in the current financial year, compared with the 9,000-10,500 units forecast in March and 14,154 built in 2022. The news sent its shares up as much as 4.3% to 119.40 pence in early trading, making the stock the top gainer on the housing sector index, after they fell by 7% in the last 3 months.