Housing market in crisis again? Sales drop 11% in Q3

Latest data from Anarock Research shows home sales in the July-September period declined 11% year-on-year to some 107,000 units in the top seven markets in India. The figure was 11% lower sequentially, as well, from the Rs 120,300 units sold in the previous quarter. This was the first such decline in home sales in nearly four years.

Sep 30, 2024 - 15:30
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Housing market in crisis again? Sales drop 11% in Q3
Latest data from Anarock Research shows home sales in the July-September period declined 11% year-on-year to some 107,000 units in the top seven markets in India. The figure was 11% lower sequentially, as well, from the Rs 120,300 units sold in the previous quarter. This was the first such decline in home sales in nearly four years.

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