📰 ET Markets 🟢 BULLISH 🕒 08 Oct 2026, 05:22 PM IST

Housing sales may take a hit on higher mortgage rates: CREDAI, NAREDCO

⚡ Instant Key Takeaways (TL;DR)

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Core Development: Housing sales may take a hit on higher mortgage rates: CREDAI, NAREDCO

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Market & Financial Impact: Realtors' industry bodies CREDAI and NAREDCO have expressed concerns about rising home loan costs. The Reserve Bank of India raised the repo rate by 25 basis points, signaling potential further hikes. This increase could dampen housing sales during the upcoming festive season despite strong underlying demand. Experts believe that long-term buyer sentiment will support the market resilience. Overall, housing demand in major cities showed a slight annual increase recently.

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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

Housing sales may take a hit on higher mortgage rates: CREDAI, NAREDCO

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