BEIRUT: The once-thriving real estate sector in Lebanon is expected to see a drop in sales and transactions in 2015, while the banking industry will continue to maintain good results, a number of leading economists said. "Lebanon's real estate sector is expected to lag behind the rest of the economy in 2015," according to the Lebanese Economic Outlook, a survey of 15 leading Lebanese economists conducted by Economena Analytics, an independent economic data provider. The survey said that six of the 15 surveyed economists believe that real estate will be the worst performing sector in 2015, reflecting widespread pessimism over activity amid uncertain political and security environments, and weak demand from foreigners.
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