Time to buy real estate?

The number of real estate sales transactions has declined by 18.3% on a yearly basis in the first eight months of 2019, following a 17.4% in 2018 while the value of real estate sales transactions decreased by 18.3% in 2018 and by a further 23.5% in the first 8 months of 2019.
by Annahar Staff

3 October 2019 | 16:38

Source: by Annahar

  • by Annahar Staff
  • Source: Annahar
  • Last update: 3 October 2019 | 16:38

This photo shows a halted construction site and another still unfinished in Beirut, Lebanon. (AFP Photo)

In 2016, Jihad El Hokayem opposed mainstream analysts and warned against a free-fall in real estate prices, citing oversupply and shrinking demand from locals as well as foreign investors and...
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