Housing sales likely to fall 21% in Oct-Dec quarter
The New Indian Express Tirupati|December 22, 2024
IN a not so positive development for the real estate sector, housing supply in top 9 cities is expected to decline 33% and housing sales to come down by 21% in the October-December period of CY2024 (Q4CY24), said real estate consultancy firm PropEquity on Saturday.
ENS ECONOMIC BUREAU @ New Delhi

Housing sales declined to 108,261 units in Q4CY24 as against 137,225 units in the same period last year. However, sales rose 5% in Q4CY24 from 103,213 units in Q3CY24 (July-September).

Housing supply fell to 85,765 units in Q4CY24 as against 127,936 units in the same period last year. However, supply rose 7% in Q4CY24 from 80,284 units in Q3CY24.

The top nine cities include Bengaluru, Hyderabad, Chennai, Kolkata, Pune, Thane, Navi Mumbai, Mumbai and Delhi-NCR. Only Delhi-NCR bucked the national trend.

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