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Housing sales down 1% during Apr-June in nine major cities: PropEquity Housing sales down 1% during Apr-June in nine major cities: PropEquity PTI | Updated on: 09 Jul 2018, 08:03:08 PM New Delhi: Housing sales fell by 1 per cent to 49,945 units in April-June 2018 in nine major cities compared with the year-ago period, according to data analytics firm PropEquity. The launches fell by 25 per cent to 35,211 units during the second quarter of 2018 calendar year, leading to 9 per cent drop in unsold housing stock to 6.16 lakh units. Nine cities that were included for the study are Gurgaon, Noida, Mumbai, Kolkata, Pune, Hyderabad, Bengaluru, Thane and Chennai. “Real estate housing market across India continues to stabilise with developers in this quarter clearing their older inventories and launching several new projects. This trend is expected to continue in the following quarters with new launches to further pick up in 2018,” said Samir Jasuja

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