57687
Dubai Home Prices to Decline Further
Dubai Home Prices to Decline Further

Dubai Home Prices to Decline Further

Dubai Home Prices to Decline Further

Dubai home prices are set for another year of decline with supply outstripping demand even as developers delay the completion of properties, according to real estate adviser CBRE Group Inc, Bloomberg reported. “We expect to see a slight decline in values, which is in line with the drop in 2016,” said Nick Maclean, CBRE Group Inc.’s managing director for the Middle East. CBRE estimated apartment prices fell 4.6% on average last year, while single-family homes slid 6.5%. Rents also dropped about 4%.

Short URL : https://goo.gl/CvVhqy
  1. https://goo.gl/QvUtbN
  • https://goo.gl/ojeqZX
  • https://goo.gl/OaBpAA
  • https://goo.gl/v6EuwS
  • https://goo.gl/ocTbpM

You can also read ...

Malaysia Economy Set to Grow
Malaysia’s economy is set to grow this year with gross...
Growth is forecast at 2.2% in 2017, down from  a previous projection of 2.8%.
UAE’s real GDP growth will slow in 2017, owing to oil...
The high resolution MRI, CT, and sonogram images underpin advances in medical diagnosis.
The growth in labor productivity – real output per hour worked...
EU heavyweights France, Germany and Italy argue that there is growing evidence of discrimination, especially by state owned companies and a determined Chinese strategy to secure the most modern European technologies in key industrial sectors.
Both Brussels and Washington are taking steps to force China...
Based on the index  gas, fuels, water and housing, especially  sub-indexes, declined by 2.4% year on year in July.
Subdued demand due to cash shortages in Zimbabwe has resulted...
German Investor Morale Slumps
German investor confidence fell sharply in August, amid...
Pak Current A/C Deficit Widens
Pakistan posted a glaringly high current account deficit of $2...
The surge in European stocks pushed up the MSCI world equity index.
European stocks broke a three-day losing streak on Tuesday,...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus