Rate cuts not enough to boost liquidity-starved housing market: Poll


India's liquidity-starved economy will restrain housing market activity and price rises in coming months and into 2020, according to a Reuters poll of property market experts who were skeptical aggressive interest rate cuts will revive it. House prices are expected to rise just 1 per cent on average this year and 2 per cent in 2020, the lowest median predictions since polling began for the two years, and well below the current 3.

15 per cent rate of consumer price inflation. A majority of respondents in the Aug. 13-27 survey said.....

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