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QCB’s real estate index suggests stable market

Posted on 06 March 2013

An update on Qatar Central Bank’s (QCB) recently-launched real estate price index indicates that the country’s real estate sector has been largely stable over the past several months. The index shows that the market was overall stable all along the first half of 2012, hovering on 150 plus levels throughout December 2011 to December 2012, after dipping to a low of 91.3 in April 2009 from a peak of 192.2 in August 2008.
Developers and market experts said the QCB initiative will help keep the amateur market players at bay and will support the professional investors in Qatar’s property market………………………………………..Full Article: Source


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