The amazing Qatari boom - housing prices continue to surge
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Property prices in Qatar continue to rise rapidly. The nationwide real estate price index soared by 23.2% during the year to Q2 2015, according to the Qatar Central Bank (QCB). During the latest quarter real estate prices rose by 4.7% (Q2 2015), supported by rapid economic and population growth, and a construction boom in preparation for the 2022 FIFA World Cup.
The value of real estate transactions rose by 18% y-o-y to QAR36 billion (US$9.8 billion) in the first half of 2015, and has almost tripled over the last five years.
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