India, June 22 -- Housing sales across nine major cities are projected to decline by at least 19% year-on-year (YoY) in the second quarter of 2025 (April-June), while new supply is expected to drop by 30% during the same period, according to data analytics firm PropEquity.

Mumbai witnessed the steepest decline in both metrics, with housing sales falling 34% to 8,006 units YoY and new supply plunging 61% to 4,949 units YoY. Thane also saw a 34% dip in sales YoY and supply falling by 58% YoY.

Sales declined YoY in seven out of the nine cities surveyed. Only Delhi-NCR and Chennai bucked the trend, registering a YoY rise in housing sales by 16% and 9%, respectively.

On the supply front, six cities recorded a decline. Delhi-NCR led the exce...