Highlights
Sale Settlements
Sale settlements in Sep-22 were down 7.4% on Aug-22, and down 22.6% on the same month last year.
Aggregate Value
Sale settlement aggregate value fell 3.4% MoM to $18.3B.
Settlement figures quoted are total settlements, they include digital and paper-based settlements for residential and commercial properties, unless otherwise stated. Any non-monetary settlements such as family transfers or gifts have been excluded.
Sale settlements
Total
- Sep-22 was down 7.4% on Aug-22, and down 22.6% on the same month last year.
Residential / commercial
Residential / commercial
- Residential settlements were down 7.8% MoM and down 23.4% YoY.
- Commercial was down 1.6% MoM and down 7.6% YoY.
Greater Sydney / rest of NSW
- Greater Sydney Area was down 12.2% MoM in Sep-22, a 22.4% decline YoY.
- Rest of NSW was down 0.8% MoM and down 22.8% YoY.
Aggregate value
- Sale settlement aggregate value fell 3.4% MoM to $18.3B.
- This represents a 17.5% decline on Sep-21 which was $22.2B.
Disclaimer
This report provides general market information and is not intended to be an investment report, nor does it constitute financial product advice. The data used in this document is a combination of PEXA data and data acquired from third parties. Any opinions, conclusions or recommendations in this document are based on the information available at the time of its compilation. No representation or warranty, either expressed or implied, is made or provided as to the accuracy, reliability or completeness of any statement made in this document. Any opinions, conclusions or recommendations in this document are subject to change (without notice) and may differ or be contrary to the opinions, conclusions or recommendations expressed by other analysts. Any valuations, projections and forecasts here in are based on a number of assumptions and estimates and are subject to contingencies and uncertainties. Different assumptions and estimates could result in different results. PEXA does not represent or warrant that any valuations, projections or forecasts, or any of the underlying assumptions or estimates, will be met. PEXA is under no obligation to, and does not, update or keep current the information contained in this document. PEXA accepts no liability for any loss or damage arising out of the use of all or any part of this document. All material presented in this report, unless indicated otherwise, is subject to PEXA’s copyright. None of the content may be altered in anyway, transmitted to, copied or distributed to any other party, without PEXA’s prior written permission.
