In 2022, the number of quarters it would take to sell all unsold housing units in the Indian city of Chennai stood at 4.4. Furthermore, the number of unsold housing units increased, the QTS rate increased compared to 2021. The reason is that quarters to sell unsold inventory is derived by dividing the total number of unsold homes currently, by the average rate at which homes have been selling over the past eight quarters.
Number of yearly quarters required to sell unsold residential property across Chennai in India from 2016 to 2022
(in quarters)
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Knight Frank (Knight Frank Research). (August 1, 2023). Number of yearly quarters required to sell unsold residential property across Chennai in India from 2016 to 2022 (in quarters) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1038445/india-quarters-to-sell-unsold-residential-property-chennai/
Knight Frank (Knight Frank Research). "Number of yearly quarters required to sell unsold residential property across Chennai in India from 2016 to 2022 (in quarters)." Chart. August 1, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1038445/india-quarters-to-sell-unsold-residential-property-chennai/
Knight Frank (Knight Frank Research). (2023). Number of yearly quarters required to sell unsold residential property across Chennai in India from 2016 to 2022 (in quarters). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1038445/india-quarters-to-sell-unsold-residential-property-chennai/
Knight Frank (Knight Frank Research). "Number of Yearly Quarters Required to Sell Unsold Residential Property across Chennai in India from 2016 to 2022 (in Quarters)." Statista, Statista Inc., 1 Aug 2023, https://www.statista.com/statistics/1038445/india-quarters-to-sell-unsold-residential-property-chennai/
Knight Frank (Knight Frank Research), Number of yearly quarters required to sell unsold residential property across Chennai in India from 2016 to 2022 (in quarters) Statista, https://www.statista.com/statistics/1038445/india-quarters-to-sell-unsold-residential-property-chennai/ (last visited December 22, 2024)
Number of yearly quarters required to sell unsold residential property across Chennai in India from 2016 to 2022 (in quarters) [Graph], Knight Frank (Knight Frank Research), August 1, 2023. [Online]. Available: https://www.statista.com/statistics/1038445/india-quarters-to-sell-unsold-residential-property-chennai/
