Residential real estate on the rise: Festive season demand
Residential real estate demand has increased over the year as domestic income has seen higher demand due to low domestic mortgage rates as well as lower supply in major cities. According to Anarock data, the stock overhang will be discounted from 38 months in Q22021 to 22 months in Q22022. This is what happened as a result of people choosing to buy their own homes during the epidemic. Reduced home mortgage interest rates helped to meet a large portion of this demand. “The demand for homes has increased significantly during the past year across the nation.… Read more