Monday, August 17, 2015

Property price index ready next year. To help investors, developers, and valuation experts


The Union of Orders of Engineers is preparing to launch a periodic index of apartment prices and areas, with the support of ministries and banks.

The Union will first release the unit areas in all cazas and then expand it to include average prices of these units according to area.

Joseph Abdo, Project Manager, said: "Our goal is to collect data from all stakeholders related to the valuation process and merge them into one formula." The program would be fed daily from the different...

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