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DEI/Sole 24 Ore – Lebanon: construction and real estate bounce back

The Lebanese real estate market showed a positive trend in the first 9 months of 2014. The number of properties for sale was up 4.1%, and the value of property for sale increased from USD6 billion in the January-September 2013 period to USD6.7 billion in the first 9 months of 2014 – an increase of 10.6%. Transactions rose in value from USD121,000 in the first 9 months of 2013 to USD129,000 in the corresponding period of 2014. New construction permits also saw an increase of 10.7% in the first 8 months of 2014 compared with 2013.

Source: infoMercatiEsteri

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