Housing Prices

Housing sales climb 22% in Jan-Mar; new launches rise 86%: PropTiger.com

Housing sales and new supply increased 22 per cent and 86 per cent, respectively, during January-March this year on better demand, according to residential brokerage firm PropTiger.com. REA India, a full-stack real estate technology platform, owns Housing.com, PropTiger.com and Makaan.com. In its report titled Real Insight Residential - January-March 2023, PropTiger.com said that housing sales rose to 85,850 units across eight cities in January-March 2023 from 70,630 units in the year-ago period. New launches grew 86 per cent to 1,47,780 units -- highest in a quarter -- from 79,530 units. Reports of other property consultants have also reported an increase in housing sales during the January-March quarter despite a rise in mortgage rates in the last one year. "The Indian housing market is witnessing a significant growth, with both sales and new launches on the rise. This is particularly noteworthy considering the challenging global environment and the hardening of interest rates on

Housing prices beginning to firm up after two-year Covid hiatus: Eco Survey

Housing prices have started to firm up after a two-year COVID lull and unsold inventories have declined on rise in demand, the Economic Survey said on Tuesday, as it anticipated a decline in prices on the back of a cut in import duties on many construction materials. India's residential market has witnessed recovery this fiscal on pent-up demand with increase in housing sales despite impediments like rising interest rates on home loans and appreciation in property prices, said the Survey which was tabled in Parliament. The release of "pent-up demand" was reflected in the housing market, as demand for housing loans picked up, the Survey noted. "Consequently, housing inventories have declined, prices are firming up, and construction of new dwellings is picking up pace and this has stimulated innumerable backward and forward linkages that the construction sector is known to carry," the document said. Housing prices have risen due to an increase in the construction cost amid ...

RBI's Housing Price index up 4.5% in Q2, Kochi tops chart with 11.5% rise

Four of the 10 cities in the index recorded sequential contraction, the others posted expansion

Older house can offer price and location advantage, say experts

But ensure repair expenses don't erode initial gain; also carry out title check

Australian inflation hits 32-year high amid rising gas and housing prices

Australia's annual inflation has climbed to its highest level in 32 years amid soaring prices for housing and gas

67% housing demand in Mumbai from affordable segment: Knight Frank-Naredco

Supply of such housing insufficient to meet demand, says study

China's housing prices fall again in August as slump reaches an year

New-home prices in 70 cities, excluding state-subsidized housing, dropped 0.29% last month from July, when they fell 0.11%, National Bureau of Statistics figures showed

Curtains drawing on rising global house prices as interest rates grow: Poll

A runaway surge in global house prices is drawing to a close as interest rates rise along with the cost of living, according to Reuters polls of housing analysts

Chinese govt seeks to stabilise property market with loans, lower rates

Chinese banks lowered their benchmark lending rates while authorities stepped up support for the property market with additional loans, a govt-guided attempt at alleviating a worsening housing crisis

Average housing prices rise 5% in April-June across 8 cities: Report

Revival in housing demand and rise in construction cost have led to a 5% average annual increase in residential property prices across 8 major cities during April-June quarter, according to a report

Ranveer Singh buys quadruplex worth Rs 119 crore near Shah Rukh's Mannat

Ranveer Singh has bought the quadruplex nearby SRK's Mannat along with his father Jugjeet Sundersingh Bhavnani's firm Oh Five Oh Media Works LLP

Amid rise in demand, housing prices may surge 8% this fiscal: Report

Furthermore, the surge in the housing sales in India has not been accompanied by a sharp rise in prices so far, it added

Buying a second home? Keep in mind climate and connectivity

Select a popular location for capital appreciation, keeping in mind climate and connectivity

Hong Kong Feb home prices drop to 13-month low, hit by new Covid wave

Hong Kong private home prices dropped at a faster pace in February to their lowest since January 2021, official data showed on Tuesday

India ranks 51st in global list of annual rise in housing prices

Knight Frank said that India has climbed up five spots to the 51st rank in Q4 of 2021 against the 56th rank in Q4 of 2020

HDFC Capital bets on low-cost housing, emerges the largest investor

Emerges the largest investor among home-grown funds

Housing prices rise by 3%-7% in 8 cities, including Mumbai, Delhi: Report

Housing prices across eight major cities in India, including Mumbai, Delhi, Chennai, Kolkata and Bengaluru, rose by 3-7 per cent, an industry report showed.

Ukraine crisis: Housing prices may rise due to input cost pressures

In a statement, CREDAI President Harshvardhan Patodia said: 'Post the geo-political escalations, oil prices have surged, and stock markets have crashed globally'

Housing prices up 3-7% in top 8 cities in 2021; new launches up 75%: Report

Housing prices increased in the range of 3-7% last year across eight major cities due to rise in rates of construction raw materials like cement and steel, says property brokerage firm PropTiger.com.

Housing prices may rise 5% during 2022 on improved demand: Report

The report said that sales momentum is expected to continue in 2022 as prospective homebuyers' preferences for bigger homes, better amenities, and attractive pricing will keep them interested