Relative to 2020, the preliminary number of residential real estate sales last year were 40.1% higher. Obtaining full sets of sales data is notoriously slow, so at realestate.com.au they like to look at a timelier measure of sales volumes, which is agent-advised sales of properties that were available on their site.

We call these preliminary sales because they aren’t complete, but they provide a timely indication of transaction activity.

The national sales data can be reviewed here.