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The Monthly Magazine | Real Estate Prices- December 2014
Real Estate Prices- December 2014
Prices have largely remained stable but increased slightly for small properties. Larger and more expensive properties registered a price decline between 7% and 10%.
Attention remains focused on the developments that the New Year will bring and which will only be a reflection of the situation unfolding in the region. The price of oil could become an influencing factor in the Lebanese real estate market, especially if it were to cause a decline in the remittances of the Lebanese working abroad.
Tables 1 and 2 illustrate the prices of some estates and apartments sold in December 2014.
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