single

The Reserve Bank released the quarterly house price index (HPI) (base: 2010-11=100) for Q2 of 2018-19, based on transactions data received from housing registration authorities in ten major cities (viz., Mumbai, Delhi, Chennai, Kolkata, Bengaluru, Lucknow, Ahmedabad, Jaipur, Kanpur and Kochi).

The All-India HPI recorded a sequential increase of 0.8% in Q2 of 2018-19 over Q1 of 2018-19.

City-wise, large variance was observed, with Chennai recording the highest rise 6.2% and Kanpur recording the maximum contraction (-) 5.6%.

On a year-on-year basis, the all-India HPI recorded a growth of 5.7% in Q2 of 2018-19 as against 5.3% in the previous quarter and 7.4% a year ago.

Except Kanpur, all other cities recorded a rise in housing prices on an annual basis. The annual growth/contraction in HPI ranged from 20.8% (in Kochi) to (-) 3.0% (in Kanpur), indicating large divergences in city-wise housing price movements.

0 thoughts on “All India House Price Index HPI up 0 8 in Q2 of 2018-19”

Post Comment



  Share Tips

Intraday trading is an art of earning money from stock market and it requires a lot of patience and time to allocate in the daily schedule. But to see money from market is not an easy thing which it always do not gives opportunity with high profits. Many people do not have time to do intraday trading in their daily jobs in office or business. But here we make it very simple and easy.

Get Intraday Tips / Delivery calls for FREE


View My Stats