India's residential real estate market remained resilient in the second quarter of 2026, but a widening gap between softer home sales and firming prices is raising an important question for buyers: is housing becoming too expensive?
According to PropTiger.com's Real Insight Residential Q2 2026 report, 91,729 homes were sold across the top eight cities in Q2 2026, while developers launched 89,161 new units. Sales declined 4.4% sequentially and 6.1% year-on-year, while new launches fell 4.2% QoQ but rose 6% YoY. Despite the moderation in volumes, the sales-weighted average residential price increased 1% QoQ to Rs 10,153 per sq ft, marking the second consecutive quarter above the Rs 10,000-per-sq-ft level.