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The number of final deeds of sale relating to residential property amounted to 1,016 during September 2022, a decrease of 24 deeds when compared
to those registered a year earlier. In September 2022, 972 promise of sale agreements relating to residential property were registered, a decrease of
16 agreements over the same period last year.

This news release presents provisional data on residential property sale transactions based on the date of registration with the tax authority.
Final deeds of sale
September 2022
In September 2022, the number of final deeds of sale relating to residential property amounted to 1,016, a 2.3 per cent decrease when compared to those registered a year earlier (Table 1a). The value of these deeds totalled €230.5 million, 10.8 per cent lower than the corresponding value recorded in September 2021 (Table 2a).
In the month under review, 934, or 91.9 per cent, of these final deeds of sale involved individual buyers (households), with companies accounting for virtually all the rest (Table 1b). The value of the deeds involving individual buyers (households) amounted to €189.8 million, equivalent to 82.3 per cent of the total value (Table 2b).

In the third quarter of 2022, 3,542 final deeds of sale were registered (Table 1a), an annual decrease of 1.5 per cent (Table 3). The value of the deeds registered during this period increased by 2.4 per cent over the same quarter of the previous year and amounted to €826.1 million (Table 2a).
With regard to the region the property is situated in, the highest numbers of final deeds of sale were recorded in the two regions of Għawdex, and Birkirkara, Il-Gżira, L-Imsida, Ta’ Xbiex and San Ġwann, at 552 and 425 respectively. The lowest numbers of deeds were noted in the region of Il-Birgu, L-Isla, Bormla and Il-Kalkara, and the region of Ħ’Attard, Ħal Balzan, L-Iklin and Ħal Lija. In these regions, 63 and 116 deeds were recorded respectively. The highest annual increase was registered in the region of Il-Birgu, L-Isla, Bormla and Il-Kalkara, at 21.2 per cent. The second highest increase was noted in the region of Valletta, Floriana, Il-Marsa, Il-Ħamrun, Tal-Pietà and Santa Venera, a 15.1 per cent rise compared to the previous year. In contrast, the largest annual decreases were observed in the two regions
of Ħ’Attard, Ħal Balzan, L-Iklin and Ħal Lija, and Ħal Luqa, Il-Gudja, Ħal Għaxaq, Ħal Kirkop, L-Imqabba, Il-Qrendi, Ħal Safi and Iż-Żurrieq, with declines of 32.2 per cent and 17.1 per cent respectively (Table 3).

Promise of sale agreements
September 2022
In September 2022, 972 promise of sale agreements relating to residential property were registered, equivalent to a 1.6 per cent decrease over the previous year (Table 4a). Individual potential buyers (households) accounted for 882, or 90.7 per cent, of these agreements, while the rest mainly involved companies (Table 4b).
Q3/2022
In the third quarter of 2022, the number of promise of sale agreements reached 2,847 (Table 4a), representing an annual decrease of 4.4 per cent (Table 5).
The largest numbers of promise of sale agreements corresponded to residential properties situated in the two regions of Għawdex, and Birkirkara, Il-Gżira, L-Imsida, Ta’ Xbiex and San Ġwann, totalling 377 and 372 respectively. The lowest numbers were noted in respect of properties located in the region of Il-Birgu, L-Isla, Bormla, and Il-Kalkara, and the region of L-Imdina, Ħad-Dingli, Ir-Rabat, L-Imtarfa and L-Imġarr. The first-mentioned region accounted for 60 agreements and
the second for 84 agreements. The regions of Il-Birgu, L-Isla, Bormla and Il-Kalkara, and Valletta, Floriana, Il-Marsa, Il-Ħamrun, Tal-Pietà and Santa Venera saw the highest annual increases in promise of sale agreements, with a rise of 33.3 per cent and 13.8 per cent respectively. On the other hand, the highest annual decreases were observed in the two regions of Għawdex, and Ħal Qormi, Ħaż-Żebbuġ and Is-Siġġiewi, which recorded declines of 26.2 per cent and 12.2 per cent respectively (Table 5).