Is India's housing market entering a new phase of lower sales but higher value?

28-Dec-2025

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India’s housing market slowed down in 2025 as rising property prices, job losses in the IT sector and global uncertainties weighed on buyer sentiment, according to ANAROCK’s latest report. While fewer homes were sold compared to last year, the total value of sales still went up, showing that buyers are paying more for homes than before.

Housing sales across the top seven cities fell by 14% in 2025. Around 3.95 lakh homes were sold during the year, compared to nearly 4.6 lakh units in 2024, mentioned the report.

Even though the number of homes sold declined, the overall value of housing sales increased by 6% year-on-year. The total sales value crossed Rs 6 lakh crore in 2025, up from about Rs 5.68 lakh crore in the previous year. This rise was mainly driven by higher home prices and a growing share of premium and luxury housing in new launches.