Real Estate ; Select properties Show growth

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Lahore as a slowdown remains under way in the property markets of Lahore and Islamabad due to Ramazan and the annual budget, Karachi’s real estate market continued to show good activity and growth.

According to zameen.com, Pakistan’s largest property portal, figures from May 2015 show that the trend seems to have continued more or less as it was in April 2015, with small improvements in Islamabad and a further decline noted in Lahore.

If April 2015 was slow for Lahore, May 2015 was a downright crawl for the city’s real estate market by comparison, where all of the major localities saw downward trends. Propped up by Phase IX’s balloting, DHA Lahore managed to keep its prices stable ahead of Ramadan with only a negligible 0.29% drop, but notable price dips were seen elsewhere in the city, according to data provided by Yclip.com

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