Governments across the Middle East and North Africa (MENA) region are increasing their efforts to construct new homes, but demand still far out-strips supply, with the region experiencing population growth around twice the global average, a new report has revealed.
Focusing on seven major markets, the report by real estate advisory firm Jones Lang LaSalle estimates that there remains a combined shortage of more than 3.5 million affordable dwellings across major markets within MENA and that demand will continue to outstrip supply for at least the next five years……………………………………….Full Article: Source