Property Prices In Lahore Remain Stagnant For Over 5 Years

Lahore has always been regarded as the prime and leading real estate investment spot in Pakistan but over the past few years, the glut of new real estate developments in the city has created a housing surplus. According to a report released by The Express Tribune, because of this surplus supply the prices of property in Lahore have mostly remained stagnant. This report is based on the stats provided by Zameen.com, the largest online real estate portals in Pakistan.

These stats are based on the prices of properties listed on the website, which reflect on the market prices that have been prevailing in the sector from 2007 to 2012. The report shows an interesting development for some of the newer housing colonies during the said period of time but for the older residential communities, there has not been any significant increase in prices.

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