GOLD Coast apartment sales have leapt by 43 per cent from the same time last year with an International report showing a recovery in the market.

The Gold Coast Apartment Research and Forecast Report found sales volumes had lifted for the 3rd quarter in a row, after bottoming out in December 2011.

In the September quarter, 140 sales in high, medium and low-rise buildings were recorded, which was up 5 per cent on the previous quarter and 43 per cent on the same period last year.

2013 is likely to show further increases as confidence returns to the market.

Currently, there is an undersupply of new apartments on the Gold Coast.