US EditionCommercial oversupply may explain drop in Oman property sales
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Commercial oversupply may explain drop in Oman property sales
Oversupply in commercial properties may underpin a decline in the value of real estate transactions in Oman in the first quarter, according to one real estate agent. The value of real estate transactions in the country declined by 2.5 percent to OR573 million ($1.5 billion) in the three months to March 31, compared with the same period last year, according to data released by National Center of Statistical Information (NCSI). It did not explain …
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