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Today the same website lists 192,000 homes for sale or rent in Dubai. This is a massive oversupply that has held back price advances this year and threatens to lower prices in the near future.
"
'via Blog this'
Wednesday, 28 May 2014
Dubai property for sale or rent tops 192,000 units on leading website as oversupply grows, where next for prices? « ArabianMoney
Dubai property for sale or rent tops 192,000 units on leading website as oversupply grows, where next for prices? « ArabianMoney:
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Two years ago we noted a sudden fall off in the number of housing units for sale or rent in Dubai on the listings website Dubizzle.com, down from 100,000 at the start of the year to 77,000. That we concluded was a clear sign of a serious market recovery.
Today the same website lists 192,000 homes for sale or rent in Dubai. This is a massive oversupply that has held back price advances this year and threatens to lower prices in the near future.
"
'via Blog this'
"
Today the same website lists 192,000 homes for sale or rent in Dubai. This is a massive oversupply that has held back price advances this year and threatens to lower prices in the near future.
"
'via Blog this'
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