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Business / Qatar Business

Number of properties sold in Qatar up 47 percent in April

Published: 04 Jun 2018 - 08:11 pm | Last Updated: 05 Nov 2021 - 08:29 pm
A view of Doha from above (Reuters)

A view of Doha from above (Reuters)

QNA

Doha: The number of properties sold in Qatar increased by 47.2 percent in April 2018 compared to March, while it is up 53.5 percent compared to the same month of 2017, and the value of sold properties during the month of April rose by 15.1 percent compared to the same month of 2017.

This came in the 52th issue of ‘Qatar; Monthly Statistics bulletin’, a series of statistical newsletters released by the Ministry of Development Planning and Statistics on a monthly basis, in which the most important statistical changes occurred in the country during April 2018 are highlighted in addition to extracts from the results of the 2015 Census.

The demographic statistics in the bulletin showed that the total population of Qatar has increased from 2.68 million during April 2017 to almost 2.71 million at end of April 2018, an annual increase of 1.0 percent.

With regard to Vital Statistics, a total number of 2049 live births has been registered during April 2018, a 3.6 percent drop compared to March 2018. However, this decrease was offset by a rise in the total Qatari live births by 4.8 percent compared to last month. On the other hand, 205 deaths were recorded during the same period, an increase of 5.1 percent compared to March 2017. However, this increase was offset by a decrease of 4.7 percent in Qatari deaths.

April 2018 has experienced a decrease in marriage and divorce contracts, and the total number of marriage contracts was 330, whereas the total no of divorces reached 95 cases; namely, one divorce for every 4 marriages.

As for Social Security statements, the month of April 2018 has witnessed a significant decline in number of social security beneficiaries, reaching 13584 individuals, whereas the total value of Social Security has exceeded 77.9 million Qatari Riyal during the same month.

The bulletin showed that the total electricity utilization during April 2018 was 2611.5 GWh attaining a monthly increase of 11.1 percent as compared with last month, while recording an annual drop of 18.2 percent compared to April 2017. The bulletin also showed that the total water consumption has reached 39201.8 Thousand m3 during the same month attaining a monthly increase of 2.5 percent as compared with last month, while recording an annual drop of 10.6 percent compared to April 2017.

As for the data of buildings permits issued, the total number of permits reached 662 permits during April 2018, recording a monthly decrease of 7.0 percent.

Concerning traffic accidents cases, a total of 532 traffic cases were recorded during April 2018, showing a monthly decrease of 8.7 percent compared to March 2018. Light injuries are accounted for the vast majority of traffic accidents in April 2018, with 89 percent, followed by severe injuries by 9 percent. However, 11 deaths were also recorded, equivalent to only 2 percent of total traffic accidents.

The bulletin also highlighted that 5283 new vehicles were registered during April 2018. The figure showed a monthly decrease of 16.6 percent and an annual decline of 19.9 percent, and the number of licenses for new drivers increased by 3.2 percent compared to April 2017.

Total Broad Money Supply (M2) recorded about QR 585.9 billion during April 2018, an annual increase of 11.6 percent compared with April 2017. On the other hand, cash equivalents; including deposits, attained for QR 794.3 billion during April 2018. The figure has recorded an annual increase of 1.7 percent compared to April 2017, when deposits recorded approximately QR 780.9 billion.