You have found the perfect home, complete with a sunlit balcony and the cozy reading nook you always dreamed of. But you hesitate, waiting for an interest rate cut to lower your EMI burden. Months pass and the rate cut finally happens, but the price tag of the property has gone up. As a prospective home buyer, it’s natural to fixate on interest rates. After all, a lower rate means lower EMI, and that feels like a win. Though most analysts are expecting rate cuts this year, they are divided over the timing and the extent of the relief.
Here are the changes in home prices across top 8 cities in 2024
(Source: ET Wealth Edition Jan 27, 2025 – Feb 2, 2025)
