Tag: latest

For one, many householders stay “locked in” at ultra-low mortgage rates, unwilling to change for the next rate in a high-priced housing market. Consequently, demand continues to outpace housing supply—and likely will for the rest of this year. The inventory overhang in India’s residential real estate market has decreased to 22 months within the June quarter, down from 34 months last 12 months. Despite a moderation in provide and absorption charges, unsold inventory declined by 2% year-on-year, indicating wholesome demand dynamics across key markets. Meanwhile, owners who would usually promote their properties to downsize or transfer up have a stronger …