Real Estate Real Estate: Housing sales rise 50% in 2018, but liquidity crunch limits recovery Updated : December 27, 2018 12:07 PM IST Still, the revival has been significant, coming after triple shocks of demonetisation, tighter regulations and the GST rollout. Property developers and consultants expect housing sales to remain subdued in the first half of 2019 due to the continuing NBFC liquidity crisis and upcoming general elections. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.