Unsold Housing Inventory Overhang Hits New Low of 30 Months in 2 Years
Oil prices sank to six-year lows in August as a supply overhang grew and concern. oecd oil inventories swelled by a further 18 mb in July to a record 2 923 mb.. The big story this month is one of tightening supply, with the spotlight firmly fixed on. Of course, it is not just non-OPEC that is taking a hit from lower oil prices.
MMR region experienced 7% drop in prices with inventory overhang hitting low of 2 years standing at 2.2 lakh units UNSOLD (down mere 3% Yoyo) with ~60,000 units launched in 2018 ironically of which 40.
2. RESEARCH. INDIA REAL ESTATE. CONTENT. 04. INDIA. 12. months. 2015 ended with the lowest number of new launches and sales.. bringing down the unsold inventory. levels to an eight-year low.. 30%. 35%. 40%. Source: Knight Frank Research. 0. 5% 6%. 19%.. hardest hit in H2 2015,
Unsold Housing Inventory Overhang Hits New Low of 30 Months in 2 Years by Arun Chitnis ANAROCK’s most recent data reveals that residential inventory in the top 7 cities overhang plunged to 30 months’ worth in Q1 2019.
MUMBAI: An uptick in the traction of ready-to-move-in and nearing-completion properties has led to residential inventory overhang across India’s top 7 property markets dipping to a 2-year-low. many.
Real estate developers have been struggling to keep their sales books rolling for the last few years as demand from end-users has been low, while investors. focusing on clearing inventory and not.
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GURUGRAM: The real estate sector, which has been in the doldrums for several years, may be gaining momentum. In fact, NCR has halved its unsold housing inventory overhang from 90 months in Q1 of.
The country is experiencing the lowest inventory levels in a generation. Unsold inventory is at a 3.6-month. years, inventory has trended down. The total housing inventory at the end of March was 1.
Currently, the Mumbai Metropolitan Region has about 54 months worth of unsold housing inventory. the demand-supply mismatch and new launches expected in 2018 will continue to drag inventory.
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Low-rise new home supply is being impeded by a lack of servicing allocation, After two years of depressed resale condo market pricing, which saw the. In March of 2017, the level of built and unsold developer inventory topped. skyrocketing prices in southwestern Ontario, specifically the 30% annual resale price.
Unsold inventory in Delhi-NCR, Mumbai metropolitan region (mmr), Bangalore, Hyderabad, Kolkata, Chennai and Pune declined from 50 months in Q1 2017 to 30 months this quarter. Housing sales rose. by.