Real estate transactions
double in 2025 due to backlog

Numbers are approaching pre-crisis levels

The real estate sector recorded a sharp rise in activity in 2025, with the number of registered property transactions nearly doubling year-on-year, as published by Figures released by the Real Estate Registry. The rise is driven largely by the clearing of long-standing administrative backlogs rather than a broad-based market recovery.

The number of real estate transactions rose by 95 percent in the full year 2025 to 70,981, compared with 36,382 transactions in 2024 and 23,679 in 2023. The total value of these transactions increased by 113 percent to $6.16 billion, up from $2.89 billion in 2024, and $1 billion two years earlier.

In 2018 the number of transactions was 60,714 at a value of $8.1 billion.

Foreigners’ share of real estate sale transactions remains to hover around two percent, consistent with previous years. In 2025, it was 2.09 percent, down from 2.36 percent in 2024, although still above the 1.87 percent recorded in 2023.

The surge in registrations does not accurately reflect current market momentum. A significant portion of the recorded transactions relates to delayed registrations accumulated during the prolonged closure of key real estate registries, most notably in Mount Lebanon, which only recently resumed operations. As a result, many of the transactions registered in 2025 were concluded earlier but could not be formally processed at the time.

Consequently, while the latest numbers signal a normalization of administrative procedures and an improvement in public sector functionality, they should not be interpreted as evidence of a strong revival in real estate demand. The underlying market remains constrained by economic uncertainty, limited financing options, and subdued investor confidence, factors that continue to weigh on genuine, forward-looking activity in the sector.