Housing Sales Dip 1% in Top 8 Cities, Prices Soar 19%: Knight Frank Report

• Housing sales in 8 major cities fell 1% to 3.48 lakh units in 2025, while average prices surged up to 19%.
• Despite the sales dip, demand was sustained by lower home loan interest rates, strong economic growth, and reduced inflation.
• NRI contribution to housing sales has significantly increased, now accounting for 12-15% compared to single digits a decade ago.
• Delhi-NCR saw the highest price appreciation at 19%, despite a 9% fall in sales.
• Mumbai region recorded a 1% rise in sales, while Chennai and Hyderabad also showed growth in units sold.

Why It Matters: Despite a slight sales dip, housing prices surged in major cities, indicating strong underlying demand.