17 Questions
What was the difference in the impact of the first and second COVID-19 waves on quarterly housing transactions?
The first wave had a greater decline, while the second wave had a lesser decline
In which cities did the housing prices decrease during the first COVID-19 wave?
Delhi, Noida, and Ranchi
Which of the following cities had a different trend in housing prices during the first COVID-19 wave compared to other cities?
Ranchi
What was the trend in housing prices in cities like Ahmedabad and Hyderabad during both COVID-19 waves?
They increased during both waves
What is the trend in housing prices in cities like Mumbai and Pune during the first COVID-19 wave?
They increased
What was the trend in housing transactions between the two COVID-19 waves?
They recovered swiftly
According to Figure 21A, what was the percentage change in housing transactions in Gandhinagar during the Second COVID-19 wave?
28%
What was the primary reason for the boost in housing demand during the second COVID-19 wave?
Pent-up demand and government measures to increase affordability
What was observed in the number of unsold residential units during the second COVID-19 wave?
A significant drop
What does Figure 21B show?
Change in housing prices index in Q1 FY21 and Q1 FY22
What is the source of the data presented in the figures?
NHB
What can be inferred from the response of housing transactions to COVID-19 shocks?
Housing transactions adjust more than prices to shocks in the housing sector.
Why are transactions a better indicator of sentiments in the housing market?
Because transaction responses are more pronounced.
What happened to housing prices in most of the selected cities during the COVID-19 pandemic?
They increased in some cities.
How did the decline in housing transactions compare between the first and second COVID-19 waves?
The decline was less during the second wave.
What happened to housing transactions in cities like Mumbai and Pune during the second COVID-19 wave?
They increased relative to pre-pandemic levels.
In which cities did housing transactions decline during the second COVID-19 wave?
In cities such as Gandhinagar, Ahmedabad, Chennai, Ranchi, Delhi, and Kolkata.
Understand the effects of COVID-19 on housing transactions and prices. Learn how shocks to the housing sector affect the market and what indicators are best for gauging sentiments.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
