DOHA: Qatar’s real estate transactions witnessed a 24 percent jump in 2014 on year-on-year. The combined value of the country’s real estate transactions hit QR55.4bn during the year, Al Sharq reported.
The month of December witnessed a record jump in transaction value. Total transaction value during the month hit QR7.8bn compared to QR3bn during the same month in 2013.
The transaction value stood at QR4.8bn in January 2014, against QR2.8bn a year ago. The month of February saw a decline in value to QR2.9bn from QR3.1bn in 2013. The value jumped to QR4.2bn in March against QR2.9bn a year ago.
April 2014 recorded a value of QR4.8bn against QR4.1bn, up 14.6 percent. The month of May witnessed a 33.3 percent jump as the value rose to QR5.2bn from QR3.9bn. June 2014 value stood at QR4bn against QR4.2bn for the same month in 2013.
The month of July also saw a huge jump as the combined value surged to QR6.8bn, compared to QR5.5bn in the same month a year ago.
The total value in August was QR1.9bn, up from QR1bn.September value stood QR2.6bn against QR4.1bn. October value was QR4.5bn against QR3.5bn. The transaction value during the month of November hit QR3.8bn against QR5.9bn during the same month in 2013, down 35.6 percent.
The Peninsula
