According to the data from the General Directorate of Land Registry and Cadastre (LRC), the cumulative number of Real estate (RE) transactions reached 19,693 valued at $2,127M by July 2024, calculated at the new official rate of USD/LBP 89,500 starting February 1st, 2024.
On a monthly basis, the number of RE transactions stood at 3,303 in the month of July 2024, compared to 3,440 transactions in June 2024 and 871 transactions in July 2023.
In details, here is the ranking of highest share of total transactions (3,303) per region in July 2024:
Moreover, the value of Real estate transaction reached $231.49M in July 2024 out of which Beirut grasped the lion’s share of the total value, equivalent of 54.78% and worth $127M, while the South followed, constituting 20% of the total and worth $46M.
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