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As housing inventories hit all-time...

Housing inventories across the country have...

As housing inventories hit all-time lows, home prices surge in double-digits

Housing inventories across the country have fallen to close to their all-time low levels of around four quarters to sell as demand has outstripped supply, pushing up prices, and this trend is likely to exacerbate as developers usually try to boost sales in the festival season through incentives, freebies, and payment schemes.On average, housing prices have been growing steadily at around 6-7 per cent every quarter, but the low inventory levels mean that the price rise is now in the high double digits. “At any given time, housing...

As housing inventories...

Housing inventories across the country have fallen to close to their all-time low levels of around four quarters to sell as demand has...