Sunil Pareek’s Post

Home sales in India’s leading residential markets showed a drop in the September quarter, a period during which performance indicator typically show a dip due to the monsoon season and the Pitru-Paksh effect. According to our latest report, housing prices, however, firmed up further during the quarter amid a spike in the cost of construction materials, among other things. For a detailed analysis of the India’s housing market, read the full report here! https://lnkd.in/dxEi5ECY #RealInsightQ32024, #homesales, #newlaunches, #PropTigerreport, #propertypricesinIndia

We are pleased to share the latest Private Residential Sales Market Outlook Report 2025. Rate cuts are anticipated to continue next year, and an improving domestic economy may drive private residential prices and volumes higher in 2025. Key Findings 1. Private home demand and prices are expected to rise moderately in 2025. With more project launches and higher resale prices, residential prices for the overall market may grow by 4-7%. 2. There will be a ramp-up in project launches, with approximately 24 projects to be launch-ready in 2025, introducing over 11,000 new homes (excluding EC).    3. Resale prices are expected to rise as demand will likely exceed supply, especially as homes obtaining TOP will dwindle further. Suburban areas may experience faster price growth as supply drops to 2,010 units in 2025, well below the 10-year average of 7,143 units. To read Outlook Report https://lnkd.in/gGGHnM3F To download 2025 New Launches Map https://lnkd.in/gkurBWfQ OrangeTee. #OTT #RealEstate #URA #property #propertyinvestment #coolingmeasures #sales #propertyforsale #properties #OrangeTee #money #singaporeproperty #singapore #hdb #realestateinvestment #resale #realestateagent

NZ doesn't need house prices to go up.  We need house prices to remain at their current levels for approximately another 3-5 years.  This can be achieved through policies such as extending the 'Airbnb Tax' to all investors in rental property.  Surprisingly, rental property owners in NZ pay upto 1/4 of the council rates compared to other productive businesses and employers.  This is a simple change councils can make to restore stability to their local markets and provide additional funds for social housing and infrastructure.

Continuing our series on the housing crisis and cost of living from a data perspective, growth in the last two years in new house and land was equivalent to the previous 15 years! Sales prices grew by 39% reaching a total of $700,000 in September 2023. With all residential dwellings it was equivalent to 13 years or 24% growth with the median sales price reaching $610,000. Vacant and has increased in the last year of data the equivalent of the previous 8 years reaching $246,000. Similar to CPI the most recent September 2023 quarter has seen a slowing in prices for new houses with 0.3% growth but we have still seen an increase for all dwellings of 2.4% or a $15,000 increase in the most recent quarter of data. No trend of the last 23 years matches the growth within the last two to three years. These prices we should reiterate are for the total Queensland state, with Brisbane's total median reaching $740,000 and the new house and land within the state's capital reaching $1.2million growing by $431,300 (56%) in the most recent three years of data.

Mundra Residential Group Home Values Rise Even as Median Prices Fall Nationally, home values are actually rising, even if the median price is down a bit. Let’s break down what’s really happening so you can make sense of the market without getting caught up in the fear the headlines create. Homes on the Market Right Now Are Smaller The biggest reason for the dip in median price is the size of homes being sold. The median price reflects the middle point of all the homes for sale at any given time. And that’ll be affected by the mix of homes on the market. Right now, there’s a greater number of smaller, less expensive homes on the market, and that’s bringing...

Australian residential property market has hit an estimated $11 Trillion in value, an increase of $900 Billion over the last 12 months! National values rose by 1% over the September quarter, which is the slowest since March 2023 quarter. The annual growth rate has slowed to 6.7%, coming of a high earlier this year of 9.7% (Brisbane has recorded annual growth of 14.5%). Kaytlin Ezzy an economist from CoreLogic Australia have attributed the slow down in price growth to the increased listing volumes and cautious buyer activity.

Housing sales rose 68% in value terms to nearly Rs 1.11 trillion during the January-March period across major cities on higher volumes as well as price appreciation from Rs 66,155 crore in the year-ago period.

Housing sales have seen a 5% increase across the top 8 cities from July to September, indicating a positive trend in the real estate market. This growth is a welcome sign for the industry, which has been experiencing fluctuations in recent times. The rise in sales can be attributed to various factors, including increased demand and favorable market conditions. #HousingSalesRise #RealEstateMarket #Top8Cities #IndianRealEstate

Private residential property prices saw a quarterly increase of 1.1% in 2Q2024 moderating slightly compared to the 1.4% q-o-q increase in 1Q2024, according to URA flash estimates released today. The latest statistics indicate that property prices in the non-landed market grew by 0.9% last quarter, inching up relative to the 1% q-o-q increase in 1Q2024. #MicahLimRealEstate #URA #Condo