Lebanese real estate transaction volume decreased by 14.5% in the first ten months of this year

According to reports, due to the influence of the domestic political situation and the regional situation, the volume of Lebanese real estate transactions in the first 10 months of this year decreased from 77,360 units in the same period last year to 66,143 units this year, a year-on-year decrease of 14.5%. The transaction volume was US$6.84 billion, a decrease of 10.8% from the same period last year. At the same time, the permit to start construction of buildings reflecting the future real estate supply in Lebanon also decreased by 7.6% year-on-year.

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