Housing sales drop 15% in top 7 cities in Q2 2022 amid price rise, interest rate hikes
While the sales have seen some impact, some markets have continued to witness relatively good momentum. Cities like Bengaluru, Hyderabad, Chennai and Pune saw a downward trend, while Mumbai and NCR led the residential absorption. MMR recorded the highest sales of approx. 25,785 units in Q2 2022, followed by NCR with approx. 15,340 units.