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Property sales in Lebanon soar despite ongoing political crisis
Rise attributed to growing population, Expatriates, low taxes
By Osama Habib
Daily Star staff
Friday, March 07, 2008

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A leading real-estate firm said on Thursday that property sales in Lebanon reached impressive figures in 2007 despite the economic slowdown and tense political situation. According to Coldwell Banker-Lebanon, the value of property sales in 2007 reached $4.219 billion compared to $3.151 billion in 2006.

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Tags: Bank, Beirut, Bill, Gulf, Israel, Lebanese, Lebanon, War

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