The just-released Lendlease retirement sales reveal that the largest village operator in the country has returned to sales levels equal to pre-Four Corners levels.

In the six months July to December, it sold 458 existing homes, which equates to 7.1% when annualised. However, the result by June 20121 will likely be higher as sales are stronger in the second six months of the financial year.

They report that sales were up 14% on the same six months last year.

At the same time, the company reported a lack of price growth, in line with much of the sector. They predict just 3.5% going forward, despite residential home prices approaching new records across the country.

In the six months, the portfolio of 72 villages were revalued up $30 million, or 2.1%.