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Home sales fall to three-year low in June quarter
Home sales experienced a notable dip in the June quarter, marking the slowest performance since early 2023. Persistent global uncertainties and supply chain issues have dampened buyer sentiment. Despite this, new project launches saw an annual increase, particularly in premium segments and infrastructure-driven areas. While most major cities saw sales decline, Kolkata, Hyderabad, and Bengaluru registered modest yearly growth.
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economictimes.indiatimes.com
Residential sales dip to lowest since Jan 2023 amid West Asia war, impacting buyer sentiment
Residential sales in India experienced a significant dip in April-June, reaching the lowest point since early 2023. Geopolitical tensions and supply chain issues are cited as key…
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thehindubusinessline.com
Housing sales fall 6% across major Indian cities amid price rise
Housing sales in seven major Indian cities fell 6% in Q2 amid weak demand and higher prices, while new launches rose 7%, Anarock data shows.
