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The RPI is constructed to gauge price movement among non-distressed home sales and excludes sales of foreclosed properties.[1] The RPI has a lag time of about two months as a monthly tracking index. Specific indices are available for specific metropolitan areas, and composite indices are available for the top 10, 20, 30, and 100[2] metro areas.
States of India ranked in order of percentage of families owning a house as per the Census of India 2011. [1] According to Census 2011, Bihar had the highest number of households who owned their houseswith 96.8% households are having houses. National average stands at 86.6%. [1] In States, Sikkim have lowest home ownership 64.5%.
Economists and other housing experts are torn on mortgage-rate outlooks for the year, but generally speaking, most expect rates to fall into the 5.5% to 7% range, which is still considerably ...
The city needs 108,036 new homes to meet its target for the current cycle ending 2029; in the last two years, it only met 10% of its eight-year housing goal. Its home prices are almost triple the ...
The US Census, since 1940, has asked home owners to estimate the value of their homes. The home-owners' estimates reflect an appreciation of 2% per year in real terms, which is significantly more than the 0.7% actual increase over the same interval as reflected in Case-Shiller index.
Bankrate’s latest national survey of large lenders shows the average rate on a 30-year mortgage was 7.08 ... CoreLogic predicts that home-price appreciation will slow to an average growth of 2 ...
Slum growth rate in Mumbai is greater than the general urban growth rate. [18] Financial Times writes that "Dharavi is the grand panjandrum of the Mumbai slums". [19] Dharavi, Asia's second-largest slum is located in central Mumbai and houses over 1 million people. [20] Slums are a growing tourist attraction in Mumbai. [19] [21] [22]
The annual inflation rate in India was recorded at 6.95% in 2023. Historically, from 1960 until 2023, the annual inflation rate in India averaged 7.37% reaching an all-time high of 28.60% in 1974 and a record low of -7.63% in 1976. The inflation rate for Primary Articles is currently at 9.8% (as of 2012).