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Housing sales at new high in CY23 despite rise in prices, interest rates
The Morning Standard
|December 29, 2023
RESIDENTIAL housing market in the country scaled new highs in the calendar year 2023 despite an average increase in property prices by 15% and a sharp jump in home loan interest rates during the first half of the year.
As per the latest data shared by real estate consultant Anarock, housing sales in top seven cities- Mumbai, Delhi NCR, Bengaluru, Chennai, Pune, Kolkata and Hyderabad - stood at 4,76,530 units as against 3,64,870 units in 2022- rising by 31% Y-0-Y. The last peak in the housing market was seen in 2022, after 2014, when approximately 3.43 lakh units were sold in the top seven cities.
Cette histoire est tirée de l'édition December 29, 2023 de The Morning Standard.
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