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Home Sales

US existing home sales slump to more than 13-year low, prices accelerate

US existing home sales slump to more than 13-year low, prices accelerate

Wed, Nov 22, 2023

"The combination of high prices, high mortgage rates, and millions of homeowners unwilling to move, given they've locked in low rates, has frozen the market," said Robert Frick, corporate economist at Navy Federal Credit Union in Vienna, Virginia.

Aapki Khabar Aapka Fayda: Why Are There Signs Of Recession In The Realty Sector? Watch This Special Report

Aapki Khabar Aapka Fayda: Why Are There Signs Of Recession In The Realty Sector? Watch This Special Report

Tue, Jan 24, 2023

A softening trend is being seen in the realty sector. Home sales have declined. Builders have increased the price of the house. Inflation and and costlier loans have affected the sale of homes. What should a home buyer do in such a situation? Why are there signs of recession in the realty sector? Watch this special report of Aapki Khabar Aapka Fayda.

India 360: Housing Sales In 2022 Hit 9-Year High; Office Leasing Rises 36% | Residential Sales

India 360: Housing Sales In 2022 Hit 9-Year High; Office Leasing Rises 36% | Residential Sales

Tue, Jan 10, 2023

Demand in real estate which was suppressed post-pandemic is now emerging. Property advisor firm Knight Frank released the report on Tuesday which said that housing sales in the country's major 8 cities rose by 34% to a 9-year high. According to the report, 3.12 lakh houses were sold in the top 8 cities of the country in 2022. 58,460 houses were sold in NCR. Last year 85,169 houses were sold in Mumbai. House prices increased by 4-7% across the country. NCR recorded office space transactions to the value of 89 lakh square feet. Home sales are expected to increase by 10-15% in 2023. Watch this special report on India 360.

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A Rear-View Mirror Look At 2022 And Projections For 2023 Of Real Estate Sector

A Rear-View Mirror Look At 2022 And Projections For 2023 Of Real Estate Sector

Mon, Jan 09, 2023

Home sales jumped nearly 54% last year. Like 2022, strong demand is expected in 2023 as well. Will the property market grow due to bumper demand? Know the complete details from Arman Nahar.

Is it good time to buy ready-to-move home?

Is it good time to buy ready-to-move home?

Tue, Jan 30, 2018

With Union Budget 2018-19 just around the corner, the Indian real estate market waits with bated breath to see how it can potentially benefit from the annual affair

RERA, garbage crisis force home sales in Mumbai region to drop 8%

RERA, garbage crisis force home sales in Mumbai region to drop 8%

Wed, Jul 05, 2017

Knight Frank India, in its report said that the reason for this fall in new property launches in RERA compliance and garbage crisis in the city. The Bombay High Court has stayed permissions to new projects over saturation of dumping grounds in Mumbai. It also said, "RERA compliance also deterred builders from marketing their projects, thereby impacting residential sales."

Home sales in India to drop 30% in 2017, Fitch warns

Home sales in India to drop 30% in 2017, Fitch warns

Wed, Jan 25, 2017

Fitch Ratings on Wednesday said that property sales in India will fall by at least 20-30% in 2017 owing to demonetisation and general caution on part of the buyer.

China's November home prices show govt curbs starting to cool sharp rally

China's November home prices show govt curbs starting to cool sharp rally

Mon, Dec 19, 2016

China`s home prices slowed further last month as a raft of curbs cooled a furious price rally, but a supply shortage in parts of the nation and sizable inventories elsewhere underscored the challenges facing policymakers as they try to stabilise a polarised market.

In four charts: Over 30,000 homes remain unsold in Delhi region

In four charts: Over 30,000 homes remain unsold in Delhi region

Tue, Sep 06, 2016

Nearly 30,000 homes are lying vacant in National Capital Region (NCR). According to data available, Greater Noida leads the table with 15,000 unsold houses, followed by Faridabad, Noida and Gurgaon with 10,000 units, 5,000 units and 4,000 units, respectively.

India's home sales up 9% in April-June quarter

India's home sales up 9% in April-June quarter

Tue, Aug 16, 2016

India's residential real estate market has shown signs of recovery after a slowdown for a longer period.

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