
Burgess Rawson has launched the innovative new tracking tool, Commercial Momentum Index (CMI), Australiaâs first national benchmark tracking real-time sentiment in the commercial property market.
The CMI measures the percentage of commercial properties sold within 60 days of listing, using verified sales data from all agencies nationwide. Updated monthly, CMI reflects how quickly the market is moving and provides insight into how confident buyers are.
Burgess Rawsonâs National Director of Research and Data and CMI developer, Jesse Lapham said the index was designed to provide the market with timely, unbiased insight.
âEvery serious investor tracks the CPI. Now itâs time to start watching the CMI, a real-time read on how quickly commercial assets are transacting.â
In June, the CMI reached 118.7, meaning the number of commercial properties sold within 60 days was 18.7% higher than the long-term average â the highest figure to date and only the second time it has recorded above 100 since January 2024. This indicates a fast-moving market with strong buyer confidence, mirroring momentum seen in auction clearance rates and off-market transactions.
Mr Lapham said that the CMI is an industry-wide indicator based on verified, agency-agnostic data and covers commercial property transactions across the sector.
âThe product is accessible to every investor, landlord, adviser, and stakeholder,â he added.