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Qatar: Demand-supply gap in property market narrows

Posted on 14 January 2013

Qatar’s property market is fast narrowing in its demand-supply gap. The ‘overhanging’ of Qatar’s real estate market is an old story; and looking from a medium term to long-term perspective, the demand side is set to erode the country’s previously oversupply record, a top property consultant has said.
Hit by huge demand-supply gap, Qatar’s property market has been considerably overhanging since 2009. But 2012 saw a 20 percent increase in terms of transaction volume and a high 35 percent in value terms, Jed Wolfe (pictured), Managing Director, Asteco Qatar told The Peninsula………………………………………..Full Article: Source


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