The real estate market in the local market maintained its momentum in July, the middle of the summer season, indicating continued investment and activity during the summer months, which are typically a holiday season.
Recent statistics on real estate sales transactions show that approximately 988 sales transactions were completed during July, reflecting a positive performance in the volume of documented real estate deals compared to the preceding months.
Official data indicates that cumulative real estate transactions reached a total value exceeding 795 million dinars during the first seven months of the year, from the beginning of the year until the end of July.
The official figures also show that July saw a rise in total sales transactions, reaching 988, compared to 857 transactions in June and 770 transactions in May. Official statistics also indicated that real estate activity continued its gradual improvement, recording the second highest monthly rate of transactions since the beginning of the year, after April, which recorded 1,129 transactions, thus exceeding the levels at the beginning of the year, which amounted to 933 transactions in January, 923 transactions in February, and 339 transactions in March.