Monday, January 23, 2017

Property sales rise in number and value. Beirut has highest growth rate in number of transactions


Recorded real estate sales transactions increased in 2016. According to the Real Estate Registry at the Ministry of Finance, the number of transactions increased one percent to around 64,600 compared to the previous year. The total value of sales transactions rose six percent to $8.5 billion. This brings the average value per transaction to $132,000, up two percent.

Five out of the eight cadastral areas witnessed a growth in the number and value of transactions.

Metn and Kesrouan c...

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