It's a vacation spot for first-time buyers, referral services says Kim Colaprete of Crew Diva Real Property at Coldwell Banker Bain, especially ones who work at Starbucks headquarters in SoDo. New listings additionally fell, down 26.7 per cent to three,161.

And Delhi's suburbs—Gurgaon, Noida, Ghaziabad, Higher Noida and legal services Faridabad—remain the worst for investing in new homes. The Dwarka Expressway, Yamuna Expressway, New Gurgaon region and Noida Extension are some areas in Delhi's suburbs that are reeling from this real estate crisis—and in 2014, unsold inventory in these parts increased by as much as 14%.

Listings that all of us thought would sell instantly final fall languished in the marketplace for weeks, sometimes months.

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