Please find enclosed herewith the Unaudited Financial Results for the Quarter ended June 30, 2019, Limited Review Report submitted by M/s. Khimji Kunverji & Co. LLP, Chartered Accountants, (ICAI FRN:.
Rs 5 lakh crore equity to hit the market, but where are buyers? Demand Gap To Be Bridged. Over 12.76 lakh houses are lying unsold in India's top 30 cities, compounding. The inventory overhang is as high as 80 months in Kochi, years for developers in these cities to get rid of the present housing stock.
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Housing inventory hits 30-year Low. Posted by Marin Agent Connect on Wednesday, but rather a lack of inventory. As of Q2 2017, the unsold inventory as a share of all households is 1.9 percent, which is the lowest Q2 reading in over 30 years." CoreLogic’s President & CEO,
Unsold Housing Inventory Overhang Hits New Low of 30 Months in 2 Years Spring is traditionally the busiest season for real estate. buyers, experiencing cabin fever all winter, emerge like flowers through the snow in search of their dream home.
Unsold Housing Inventory Overhang Hits New Low of 30 Months in 2 Years. Top 7 cities’ unsold inventory declines from 50 months in Q1 2017 to 30 months this quarter Unsold inventory in Delhi-NCR drops to 50% – from 90 months in Q1 2017 to 45 months in Q1 2019 Bangalore & Hyderabad’s current inventory levels at all-time low of 15 months each Pune’s unsold inventory at 28 months, followed by.
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Housing Demand Hits New Heights.. historically low housing inventory, decreased -3.2% to 1.8M existing homes nationally. Now, the decrease is -10.4% lower than what it was a year ago (2.01M). This decrease of inventory has continued for 29 consecutive months year over year. Unsold inventory represents a 3.9-month supply, down from 4.4 months.
MMR cleared a mere 4% of its unsold inventory in the same period. In short, NCR has halved its unsold housing inventory overhang – from 90 months in Q1 2017 to 45 months in Q1 2019. The current housing inventory level now stands at 6.65 lakh units across the top 7 cities – nowhere near the lowest level of 4.96 lakh units seen in 2013.
Unsold inventory declined by nearly 7% from a year ago to 6.73. residential inventory overhang across India's top 7 property markets. Months' inventory measures how many months it will take for the current unsold housing stock to. Prior to 2017, sales numbers were far lower than new launch supply.