Surging prices drag housing sales down
Financial Express Pune
|June 27, 2025
RESIDENTIAL PROPERTY SALES in the country's top seven markets fell for the fourth quarter in a row in April-June, recording a 20% decline year-on-year, primarily due to rising prices, according to a report released on Thursday.
The India-Pakistan conflict after the Pahalgam terrorist attack also contributed to the weak demand scenario, the report said.
Residential sales declined to about 96,285 units in the April-June quarter as against nearly 1,20,335 units in the year-ago period, Anarock Property Consultants said in its report.
However, housing sales rose 3% sequentially. Housing sales had fallen 28% year-on-year (y-o-y) in January-March 2025. The last time housing sales grew was in April-June 2024.
Hyderabad and Pune saw the highest fall in sales at 27% in April-June 2025, while Mumbai Metropolitan Region (MMR) saw a 25% drop in sales.
This story is from the June 27, 2025 edition of Financial Express Pune.
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