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Home Purchase Affordability to rise to a 3-year high in 2024: JLL

Home Purchase Affordability to rise to a 3-year high in 2024: JLL
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Andhra Pradesh , Siva Krishnan , Head Of Residential Services , Home Purchase Affordability Index , Managing Director , Residential Services ,

interest rate cuts: Housing affordability to rise to 3-year high on anticipated interest rate cuts in 2024: Report

Home purchase affordability is expected to improve in 2024 due to a 60-80 basis point repo rate cut, according to a JLL India report on the Home Purchase Affordability Index (HPAI). This is expected to keep buyers affordability within a comfortable range and sustain market momentum over the next year. India s economic growth and domestic inflation levels have provided headroom for the central bank to maintain the status quo. ....

Andhra Pradesh , West Bengal , Siva Krishnan , Samantak Das , Head Of Residential Services , Head Of Research , Home Purchase Affordability Index , Managing Director , Residential Services , Chief Economist , Interest Rate Cuts , Housing Affordability , Jll India ,