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Bahrain Property Market - Q2 2021

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Bahrain Property Report - Market in Minutes Q2 2021  

 

MARKET HIGHLIGHTS

 

  1. Bahrain real estate transactions rose by 36% y-o-y, reaching BHD 226 mn in Q2 2021 compared to BHD 166 mn in Q1 2020, as reported by SLRB .
  2. Supportive government measures, a speedy vaccine roll-out and a reasonably open economy is likely to revive economic activity in 2021, with GDP set to grow by 2.9%.
  3. The number of purchases made using credit, debit cards and mobile wallets (at stores and online combined) jumped by 74% y-o-y in May 2021, indicating an acceleration in spending over the last few months.

 

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