Slight Progress of the Real Estate Market in H1 2014

With the beginning of 2014, activity in the Lebanese real estate market got little breathing space despite the escalating challenges that were undergoing in Lebanon and the region. Investors revealed optimistic prospects about the year and translated their hopes in both the construction and real estate markets. Yet, the sector remained wobbly and characterized by a mismatch between the purchasing power, the supply and the tenacious pricing system. Developers were also facing the scarcity in land, volatility in workforce availability, lower demand from GCC residents who switched to more secure areas, financial sustainability concerns, legal and logistic delays in delivery, and construction material price sensitivity…

2014-08-Slight Progress of the Real Estate Market in H1 2014

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