June 3rd, 2024 - 06:17 GMT
The latest Bahrain real estate report by Savills shows that Q1 of 2024 saw 6,124 sales transactions, marking a 3% drop compared to the same period the previous year. In 2023, the value of real estate trading slightly decreased by 1.2% to BHD 1.1Bn versus 2022. However, the volume of real estate transactions jumped 24.1% in the same period. Bahrain recorded a slight decline in GDP growth in 2023 compared to 2022, however, the Ministry of Finance and National Economy projects an annual real GDP growth of 3% in 2024 ...