Housing sales in 50 cities dip 3% to 6.14 lakh units, up 16% in value to Rs 8.4 lakh crore: CREDAI

Indian housing sales saw a slight dip in units last year but a significant rise in value. Demand for homes above Rs 1 crore drove this growth. Tier-2 cities are becoming key growth areas. Improved connectivity and job opportunities are boosting housing markets. Metro cities continue to lead, but smaller cities are gaining importance.