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Real-estate sales, mortgage activity surge in Oman during first 5 months

Posted on 14 August 2012

Boosted by a surge in mortgage contracts, Oman’s real estate sector is showing strong signs of growth as the traded value of properties and volumes increased substantially in the first five months of this year.
The statistics, released by the National Center for Statistics and Information (NCSI), revealed that the total value of traded properties in Oman during the first five months of this year increased 59.7 per cent to RO807.6mn compared to RO505.8mn in the corresponding period of the previous year………………………………………..Full Article: Source


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