Housing Sales Fall Below 100,000 Units Across Nine Indian Cities in Q2 2025

Housing sales in India's top nine cities dropped below 100,000 units in Q2 2025 for the first time since 2021, with sales declining 19% year-over-year to 94,864 units and supply falling 30% to 82,027 units, according to PropEquity data. Mumbai and Thane experienced the sharpest declines at 34%, while Delhi-NCR and Chennai saw sales growth amid this broader downturn. In the U.S., the home flipping market also showed signs of cooling in early 2025, with investor returns falling to 25% ROI in Q1, down from 28% in the previous quarter and significantly below the 48.8% ROI in late 2020. The average gross profit per flipped home dropped to $65,000, with investors facing challenges finding underpriced homes due to high market prices, leading to tighter profit margins. Flipping activity remained concentrated in certain regions, with the South showing the highest flipping rates and cash purchases dominating 62% of transactions nationwide. Market experts highlight the difficulty investors face balancing purchases amid concerns about potential price downturns, impacting both U.S. and Indian real estate sectors.