After registering impressive hikes throughout the calendar year (CY) 2013, the property prices took a breather and remained stable during Q1 2014, said Zameen.com, Pakistan’s leading property portal.
As per Zameen.com’s stats, sales and rental prices stayed stable in Lahore, Karachi and Islamabad. Zeeshan Ali Khan, Co-Founder Zameen.com, anticipates that the property prices are likely to remain intact in the second quarter of 2014 as well, except for some selective areas where prices may inch up.
Karachi real estate that stole the attention of investors towards the end of 2013 recorded few dints here and there in property prices during Q1 2014. Whereas, due to fall in demand, property price in Lahore stayed intact in the said quarter. Likewise, Islamabad’s property market also witnessed a dry spell during the first three months of 2014.
