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Finally, home prices begin to soften

Aug 31 2013, 08:31 IST
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Finally, home prices begin to soften		Finally, home prices begin to soften
SummaryPrices in Delhi and Mumbai fell by 1.5 and 0.5 per cent respectively.

the medium to long run because of high real demand.

Should investors look at this market?

While the price fall has only made things better for the first time buyer, it is a tricky market for the investors. There may be good deals available, but investors need to be careful about the quality, price and location. “Investors need to have a holding period of around two years,” said Magazine, adding that investors will have to bring down expectation as returns available in the past may not be there going forward.

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