Unsold Housing Inventory Overhang Hits New Low of 30 Months in 2 Years

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However, overall unsold inventory across the top cities saw a meagre 1% decline in Q1 2019 over the previous quarter. unsold housing stock stands at 6.65 lakh units as of Q1 2019. Pune and MMR were the top performers with new housing supply increasing by 160% and 62% respectively.

3 days ago · Home sales declined 11%, new launches fell 47% in June quarter: proptiger inventory overhang also reduced slightly to 30 months – at the current sales velocity, it would take developers less.

 · ”The Unsold Inventory Index, which is a ratio of inventory over sales, rose again in September from 3.3 months in September 2017 to 4.2 months in September 2018.. Bitcoin Hits New Yearly Low Volume By Brenton Garenon. Rents there are projected to rise 10.6 percent there over the next two years to an average of $2,187 a month in 2020..

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In terms of unsold inventory aging pattern, only 9% of the units are ready-to-move-in, whereas more than 50% units are due to complete in the next 2 years." Approximately 1,19,000 units launched in Kolkata between 2013 and Q1. Unsold housing inventory overhang hits New Low in 2 Years. May 29.

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Total housing inventory at the end of February rose 9.5 percent over January to 3.59 million existing homes available for sale, up from a 7.8-month supply in January. Raw unsold inventory is 5.5 percent below a year ago.

Housing Inventory Hits 30-Year Low 2.9K shares;. the unsold inventory as a share of all households is 1.9 percent, affordability will likely become a much bigger challenge in the years ahead until the industry resolves the housing supply challenge.".

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Following months of defying severe housing. 14-year low in December, the available supply of homes bounced back in January, primarily due to seasonal factors, with the statewide unsold inventory.

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The unsold inventory index, which is a ratio of inventory over sales, edged up to 3.3 months in July from 3.2 months in July 2017.. June 2018 As Median Price Hits New High For Second Straight.

Housing Inventory Hits 30-Year Low Spring is traditionally the busiest season for real estate. Buyers, experiencing cabin fever all winter, emerge like flowers through the snow in search of their dream home.