Home sales are expected to improve each quarter in 2021 compared with 2020, supported by a revival in the affordable segment led by middle-class buyers. While a second wave of Covid-19 could temporarily hit transactions, industry players believe affordability demand can recover to prior levels or higher. However, rising resale flat supply may soften the longer-term outlook.
India is among several emerging economies rethinking Covid response as a new wave looms. With immunization around 45% and antibody surveys indicating much of the population has already been infected, experts argue the next surge may be less severe than earlier outbreaks. The shift is pushing policymakers toward targeted strategies rather than one-size-fits-all measures.
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