Tag Archives: slump
Real estate slump continues, March sees 43% fall in home launches
The residential real estate market across the country saw a 43% year-on-year decline in launches in March. However, sales during the month saw a 10% y-o-y increase. The launches saw a staggering decline in March amid the uncertainty over GST (goods and services tax) rates as well as the liquidity crisis. This led to an overall fall of 6% y-o-y Read More