For one, many householders remain “locked in” at ultra-low mortgage charges, unwilling to change for the next fee in a high-priced housing market. Consequently, demand continues to outpace housing supply—and doubtless will for the rest of this 12 months. The stock overhang in India’s residential real estate market has decreased to 22 months within the June quarter, down from 34 months final 12 months. Despite a moderation in supply and absorption charges, unsold inventory declined by 2% year-on-year, indicating healthy demand dynamics across key markets. Meanwhile, homeowners who would usually sell their homes to downsize or move up have a …