Lifestyle Communities records 209 new home sales
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- Lifestyle Communities recorded 209 new home sales year-to-date for the 2026 financial year.
- The company reduced its net debt by $182.8 million to $277.7 million.
- A market-led pricing strategy and brand campaign helped drive improved customer conversion rates.
Lifestyle Communities (ASX:LIC) recorded 209 new home sales year-to-date in its latest 2026 financial year trading update.
This performance represents a 50.4% increase from the 139 new home sales recorded last financial year.
New home sales in the fourth quarter reached 56 units, rising from 43 sales in the third quarter.
Unsold inventory homes decreased by 53.2% to 126 homes as of May 31.
The company stated that targeted pricing remains actively managed to support long-term competitiveness and volume.
Following the announcement, the Lifestyle Communities share price was up at $5.05.
Net debt was reduced by $182.8 million to $277.7 million as of May 31.
