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 ...

Qatar Capable of Overcoming Siege Challenges
Qatar affirmed its ability to overcome the challenges of the...
Apple Inc won guarantees from the Trump administration that its lucrative iPhones would ship from China  without being subject to tariffs.
Big companies in the United States from Amazon.com Inc to...
Japan Inflation Inches Higher
Japan’s inflation picked up slightly in June, largely because...
Today, income inequality in the US is greatest among Asians. Asians displaced blacks as the most economically divided racial or ethnic group in the US.
The rich are getting richer and the poor are getting poorer in...
State-Actors Likely Behind Singapore Cyberattack
State-actors were likely behind Singapore’s biggest ever...
S&P Affirms Russia’s Stable Outlook
Standard & Poor’s said in a statement on Friday that it...
Argentina Making Fiscal Progress
Argentina is “unequivocally” making progress on its goals to...
Growing Inflation Looms Large Over India’s Economy
From rising crude oil prices to a poor start to rice-planting...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus