Bahrain real estate transaction volumes on positive trajectory says CBRE ...United Arab Emirates

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Bahrain real estate transaction volumes on positive trajectory says CBRE
Bahrain’s real estate transaction volumes are recovering, driven by stronger economic growth projects despite higher inflation, CBRE has announced. The findings are part of its Bahrain Real Estate Market Review 2022. Discussing the residential sector, CBRE said there was a marginal increase in the average quoted mid- to high-end apartment rents between Q1 and Q2 2022, with rents increasing by 1.64% QoQ. This is said to be a continuation of the upward trajectory in rents seen since Q1 2022. Average apartment sales rates fell -3.64% QoQ during the same period, with declines seen in Bahrain’s Capital, Northern, and Southern Governorates, the report highlighted. Freehold apartment supply is incr

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