The number of real estate sales transactions reached 61,000, at a value $8 billion in 2018, according to figures released by the General Directorate of Land Registry and Cadastre (GDLRC). Sales are down 16 percent from 2017 which was considered an 'exceptional year' according to the GDLRC. Value has decreased by 18 percent. The average value per transaction in 2018 reached $133,400.
A larger than usual number of properties was registered in 2017, although they were bought earlier, making ...
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