real estate news
RBI Rate Cut Boosts Affordable Housing Financiers, But Sustainability in Question
Affordable housing finance companies (HFCs) have seen a significant boost following the Reserve Bank of India's (RBI) recent 50-basis-point rate cut. However, experts caution that the impact on housing demand might not be as substantial as anticipated.
real estate news
Finding Affordable Homes Under $300K in U.S. Cities: A Closer Look
Realtor.com's latest report highlights cities where homes are still available for less than $300,000, offering a glimmer of hope for budget-conscious homebuyers in the midst of rising prices and high mortgage rates.
real estate news
Realtors Anticipate Surge in Housing Demand Following Repo Rate Cut
Realtors are optimistic about a rise in housing demand, particularly in the affordable and mid-income segments, following the Reserve Bank of India's (RBI) decision to cut the repo rate by 50 basis points. This move, coupled with recent tax relief, is expected to boost the real estate market.
Real Estate Mumbai
Mumbai Home Registrations Drop 4% Year-on-Year in May Despite Property Value Rise
Despite a rise in property values, Mumbai's home registrations declined by 4% year-on-year in May, totaling 11,565 units. The average ticket size for registered properties increased by 11% to Rs 14.7 million.
real estate news
Housing Market Sees 19% Decline in Sales Across Major Cities in Q1 2025
Housing sales experienced a significant 19% decline in the first quarter of 2025 across top cities, reflecting a challenging market environment and shifting consumer trends. This article explores the underlying factors and potential implications for the real estate sector.
Real Estate Mumbai
Is Winter the Right Time to Buy a House?
The demand for properties and real estate activities is, to a significant extent, seasonal. The onset of the monsoon can imply disruption in the market, but winter brings a different set of dynamics that can be advantageous for homebuyers.
Real Estate Mumbai
Sales of Affordable and Mid-Income Homes May Surge with Lower Mortgage Rates: Realtors on RBI Policy
Real estate developers anticipate a significant increase in the sales of affordable and mid-income homes due to the recent reduction in mortgage rates by the Reserve Bank of India (RBI). This move is expected to boost the housing market, particularly in major cities like Mumbai and Delhi.
real estate news
RBI Policy May Boost Sales of Affordable-Mid Income Homes with Lower Mortgage Rates
Real estate developers are optimistic about a potential rise in sales of affordable and mid-income homes, driven by the Reserve Bank of India's (RBI) policy that could lead to lower mortgage rates.
real estate news
Decline in Home Sales Under ₹50 Lakh: January to March Sees 9% Drop to 21,000 Units
Data from real estate consultant Knight Frank India reveals a 9% decline in sales of homes costing less than ₹50 lakh in the January to March period, totaling 21,000 units. The report also highlights a slowdown in the ₹50 lakh to ₹1 crore segment.
real estate news
D A Davidson Sees Bright Future in Digital Real Estate Amid Agent Growth
Analysts from D A Davidson have highlighted the potential in the digital real estate market, driven by the growth in agent numbers and favorable mortgage rates. This optimistic outlook underscores the importance of adapting to technological advancements i
Real Estate
Is Warren Buffett Diving Out of Real Estate? His Latest Move Signals Market Shift
Warren Buffett's potential sale of HomeServices of America has raised concerns about the future of the real estate market, especially as mortgage rates continue to soar.
real estate news
Warren Buffett's Strategic Move: Selling His Real Estate Empire?
Warren Buffett's potential sale of HomeServices of America has raised questions about the future of the real estate market, especially with soaring mortgage rates. Is this a warning sign for investors?
real estate news
J.P. Morgan's Strategic Real Estate PR Tactics Amid a Sluggish Housing Market
In a challenging real estate landscape, J.P. Morgan is leveraging innovative PR strategies to maintain growth and competitive advantage. With projections of less than 3% growth through 2025 due to higher mortgage rates and affordability issues, the financ
real estate news
U.S. Real Estate Investor Activity Drops: Condo Purchases Hit 2012 Levels
The U.S. real estate market is experiencing a slowdown, with high home prices and elevated mortgage rates deterring investors. Condo purchases have hit their lowest level in a decade, signaling a significant shift in the housing market.
real estate news
New Home Sales in USA Decline 10.5% in January 2025
New home sales in the United States fell more than expected in January, signaling a slowdown in the housing market and overall economic activity. High mortgage rates and severe winter weather are cited as primary factors.
Real Estate
Exploring the Effects of Higher Interest Rates on the Real Estate Market
Interest rates play a crucial role in the real estate market, influencing whether the sector thrives or struggles. As global interest rates continue to rise, it's essential to understand how these changes impact the real estate industry.
real estate news
RBI Maintains Interest Rates, Real Estate Sector Awaits 2024 Cut
The Reserve Bank of India (RBI) has decided to hold interest rates steady, but realtors are optimistic about a potential cut in 2024. The real estate market remains cautious, with expectations that a rate cut could boost housing sales and mortgage rates.
real estate news
U.S. New Home Sales Fall 17.3% in October 2024
New home sales in the United States plummeted 17.3% to a seasonally adjusted annual rate of 610,000 units in October, the lowest level since December 2022, according to the Commerce Department's Census Bureau. This decline was largely attributed to rising
real estate news
US Single-Family Home Starts Decline in October 2024 Due to High Rates
The construction of single-family homes in the United States experienced a significant decline in October 2024, primarily due to elevated interest rates. This trend reflects the challenges faced by the real estate market amid economic pressures.
Real Estate
Mortgage Rates Above 9% Could Shake Homebuyer Confidence: FICCI-Anarock Survey
A recent joint survey by FICCI and real estate consultant Anarock reveals that mortgage rates crossing 9% could significantly impact homebuying decisions. The survey, which involved 7,615 participants, highlights the concerns and sentiments of potential b