Qatar's housing market remains depressed
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Qatar's housing market is now in trouble, amidst a sharp economic slowdown and the ongoing diplomatic crisis in the region.
Qatar's nationwide real estate price index dropped 9.8% during the year to end-Q1 2017, according to the Qatar Central Bank (QCB), in contrast to the spectacular 13.37% rise during the same period last year. When adjusted for inflation, the fall is even bigger at 10.63%.
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