India will buck the global trend of sinking housing prices due to strong demand for home ownership, analysts said

Prices nationwide fell 0.1% in May, dragged down by a 0.3% drop in the major cities, and while annual growth slowed, it was still solid at 14.1%, reflecting the huge gains enjoyed over 2021

Brisbane continued to be the strongest city for house price growth with values up 2.5% over the first month of the year, the report said

In the fourth quarter of 2021 alone, HDB resale flat prices grew 3.2 per cent - a faster pace than the 2.9 per cent increase in the previous quarter