The USA released its housing starts data for July and demand has surged by almost 24%.
Coming back to the topic of real estate cyclicality, a report on the Pune Market can be accessed at https://www.gera.in/media-room/pune-residential-real-estate-reports. The unit that i head,collects the information that goes into the making of this report. We publish a metric called the replacement ratio which tells you where you are in the real estate cycle.
Knight Frank and many others also publish these reports however they should also showcase where we are in the real estate cycle like other commodity products to be of any value. Take for example reports on an unrelated sector like Chlor-Alkali - they go into considerable depth of the demand supply scenario.
Also important information about market share of the top 20 developers in a market etc should also be highlighted to better understand the internal dynamics. All these lacunae in these reports make us think that they do some basic generalization from a a small sample size and hence numbers are not entirely accurate.
I think @Anant and others such as @harsh.beria93 are following the real estate sector can throw some light
Best
Bheeshma