Page 4 - Housing Inflation
Nearly 50% homebuyers expect property prices to increase: Report
Services activity, hiring and stable unemployment rate helping consumer confidence, it says
 "Nearly 50% homebuyers expect property prices to increase: Report")
Curtains drawing on rising global house prices as interest rates grow: Poll
A runaway surge in global house prices is drawing to a close as interest rates rise along with the cost of living, according to Reuters polls of housing analysts
 "Curtains drawing on rising global house prices as interest rates grow: Poll")
Rising interest rates, inflation to affect affordable HFCs' growth: Report
Rising interest rates, higher inflation and increasing cost of construction are likely to slow down growth of affordable housing finance companies in the current fiscal, a report said on Thursday. Affordable housing finance (ticket size below Rs 25 lakh) has proven to be one of the most resilient sectors to economic cycles and seen rapid progress over the past decade, India Ratings and Research said in a report. With 25 per cent compound annual growth rate, the affordable housing sector has outpaced the overall housing finance sector growth in the past five years. However, some tailwinds that had supported the sector earlier seem to be moderating and thus could slow down the pace of sector loan growth, it said. "Rising interest rates, reduced cash flow of borrowers on account of the high inflation rate, increasing cost of construction, leading to both a rise in property costs and slowdown in new inventory launches, and halting of the government's Credit-linked Subsidy Scheme (CLSS)
 "Rising interest rates, inflation to affect affordable HFCs' growth: Report")
India slips to 54th rank in home price appreciation: Real estate group
In the performance compared to previous quarter (Q2 2020), the ranking remains unchanged to 54th spot among the 56 countries and territories tracked in Q3 2020 index
 "India slips to 54th rank in home price appreciation: Real estate group")
Key takeaways from RBI's monetary policy meet
GDP growth forecast for FY20 has been revised downwards from 6.1 per cent in the October policy to 5 per cent
 "Key takeaways from RBI's monetary policy meet")
Chart: Not housing but health is biggest contributor to India's inflation
Housing inflation, which hit a peak of 8.50% in April following the implementation of the Seventh Pay Commission's recommendations, has fallen steadily since to stand at 5.1% in January
 "Chart: Not housing but health is biggest contributor to India's inflation")
