Property settlement platform PEXA Group has upgraded its revenue and earnings forecasts for the year after reporting stronger-than-expected residential market conditions in its first half year as a listed company.

PEXA said on Wednesday volumes had risen 37 per cent in the six months to December to 2.1 million transactions – equal to 60 per cent of the full-year volume it predicted in its pre-listing prospectus – boosting revenue 45 per cent to $145.4 million.