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Home sales in India cool down after two years on high base, rising prices Business Standard

Home sales in India cool down after two years on high base, rising prices Business Standard

India, for the first time in two years, recorded a dip in housing sales in April-June compared to the previous quarter, according to data shared by real estate consultancy Anarock on Thursday. As many as 120,340 homes were sold in the April-June quarter against 130,370 units sold in January-March, dipping 8 per cent. The last such quarterly decline was in the April-June quarter of 2022 when sales fell by 15 per cent to 84,925 units compared to 99,550 in the January-March quarter of that year.

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