Avjennings (ASX:AVJ) announced that they have suspended their share buyback operation.
Despite this, the medium-term outlook for the housing sector remains optimistic.
However, market conditions are projected to stay subdued in the short term.
Avjennings (ASX:AVJ) is highly committed to the conversion of AU$130M presales to FY24 settlements.
Avjennings is a well-known company in the housing sector that is recognized for its agility and adaptability to market conditions.