Industry Research - Housing Prices Stay Fairly Flat At 2.7%, Growth To Be In Same Range In FY22: CARE Ratings
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
CARE Ratings Research Report
Housing prices appeared to be recovering in Q4 of FY21 as the economy emerged gradually from the pandemic.
Growth of 2.7% in the Reserve Bank of India House Price Index looked like a stepping-stone in the upward direction as it rose from 1.1% in Q2 to 2.2% in Q3 of the year.
However, the second wave that has come in April has disrupted the sector as it has affected livelihoods and spending power as well as diverted attention to health for majority of households.
While there can be some pent-up demand emerging during the year, the impact on prices in FY22 would tend to be moderated.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.