Housing Sales Expected to Decline by 19% in Q2 2025 Across Top 9 Cities: PropEquity
According to PropEquity, a leading real estate data analytics firm, housing sales are projected to decline by 19% to 94,864 units in the second quarter of 2025 across nine major cities, due to lower launches and reduced demand.
Housing SalesReal EstatePropequityMajor CitiesMarket TrendsReal EstateJun 23, 2025
In its report released on Sunday, PropEquity, a real estate data analytics firm, mentioned that housing sales are expected to dip by 19% to 94,864 units in the second quarter of this calendar year, down from 116,432 units in the same period last year. New supply is also estimated to fall by 30% to 82,027 units from 117,208 units during the period under review.
Samir Jasuja, Founder and CEO of PropEquity, commented, “This is for the first time since Q3, 2021 (July-September) that housing sales have fallen below the 100,000 unit mark. Supply, too, has stayed below the 100,000 unit mark for the fourth consecutive quarter.” The decline in both sales and new supply highlights the current challenges in the real estate market.
Bengaluru, one of the top cities, is estimated to see a 6% drop in housing sales to 14,676 units from 15,582 units in the year-ago period. Hyderabad is likely to witness a 20% decline in sales to 11,815 units from 14,704 units. Mumbai, a key market, is expected to see a significant 34% drop in sales to 8,006 units from 12,114 units.
Navi Mumbai is projected to experience a 17% decline in sales to 6,833 units from 8,224 units. Thane is expected to see a 34% decrease in sales to 14,832 units from 22,512 units. Pune is likely to witness a 27% fall in sales to 17,196 units from 23,429 units. Kolkata is expected to see an 8% decrease in sales to 4,449 units from 4,826 units.
However, the residential markets in Delhi-NCR and Chennai are expected to report higher sales. Delhi-NCR could see a 16% increase in sales to 11,703 units from 10,114 units. Chennai is projected to see a 9% rise in sales to 5,354 units from 4,927 units during April-June 2025.
PropEquity, a platform owned and operated by P.E. Analytics, a NSE-listed company, has more than 17 years of catalogued data and tracks over 40 cities in India. The firm's comprehensive data and analytics provide valuable insights into the real estate market, helping stakeholders make informed decisions.
Frequently Asked Questions
What is the expected decline in housing sales in the second quarter of 2025?
Housing sales are expected to decline by 19% to 94,864 units in the second quarter of 2025 across nine major cities.
Which cities are expected to see a decline in housing sales?
Bengaluru, Hyderabad, Mumbai, Navi Mumbai, Thane, Pune, and Kolkata are expected to see a decline in housing sales.
Which cities are expected to see an increase in housing sales?
Delhi-NCR and Chennai are expected to see an increase in housing sales.
What is the estimated new supply of housing units in the second quarter of 2025?
New supply is estimated to fall by 30% to 82,027 units from 117,208 units during the second quarter of 2025.
What is PropEquity and what does it do?
PropEquity is a real estate data analytics firm that provides comprehensive data and insights into the real estate market. It is owned and operated by P.E. Analytics, a NSE-listed company, and has over 17 years of catalogued data, tracking more than 40 cities in India.
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