Highlights
Sale settlements
- Sale settlements in Oct-22 were down 5.2% on Sep-22, and down 20.9% on the same month last year.
Aggregate value
- Sale settlement aggregate value fell 6.5% MoM to $11.5B.
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
- Oct-22 was down 5.2% on Sep-22, and down 20.9% on the same month last year.
Residential/commercial
- Residential settlements were down 4.9% MoM and down 21.3% YoY.
- Commercial was down 11.0% MoM and down 14.3% YoY.
Greater Brisbane/rest of QLD
- Greater Brisbane Area was down 5.4% MoM in Oct-22, a 20.9% decline YoY.
- Rest of QLD was down 5.0% MoM and down 20.9% YoY.
Aggregate value
- Sale settlement aggregate value fell 6.5% MoM to $11.5B.
- This represents a 17.2% decline on Oct-21 which was $13.9B.
