Covid-19 impact: Housing sales down 67% in April-June, says PropEquity

The supply of new units also dropped by 81% during the period to 11,967.

Coronavirus, real estate, realty, construction, housing sales
The sales declined because of the Covid-19 outbreak and lockdown.
Raghavendra Kamath Mumbai
1 min read Last Updated : Jul 10 2020 | 10:37 PM IST
Sales or absorption of housing units dropped by 67% to 21,294 across top nine cities in the second quarter of calendar 2020, from 62,851 in the year-ago period, according to a PropEquity report. The sales declined because of the Covid-19 outbreak and lockdown. The supply of new units also dropped by 81% during the period to 11,967.



Topics :CoronavirusLockdownHousing salesrealty projectsReal Estate Realty sectorConstruction sectorIndian Economy

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