Housing sales in seven major cities in India increased by 36% year-on-year to a record 120,280 units in the July-September period, according to real estate consultant Anarock. Average housing prices in these cities grew by 11% annually, with Hyderabad experiencing the highest rise of 18%. Mumbai and Pune accounted for 51% of total sales, and Anarock attributed the strong sales momentum to stable mortgage rates resulting from the Reserve Bank of India s decision to maintain the repo rate.