MUSCAT – According to statistics issued by the National Centre for Statistics and Information, sales contract values amounted to RO 304.9 million across 15,895 transactions, reflecting a 0.5 percent increase in the number of sales contracts.
Mortgage activity also recorded growth, with total value rising by 16.4 percent to RO 369.3 million across 6,603 contracts, compared to RO 317.1 million from 5,344 contracts in the corresponding period last year.
In contrast, swap transactions declined in number but increased in value, reaching RO 3.9 million across 199 contracts, compared to RO 3.2 million from 354 contracts in the same period of 2025, an increase of 22.1 percent in value.
The report also showed a decline in real estate ownership activity, with issued ownership deeds falling to 45,789 by the end of March 2026, compared to 55,378 in the same period of 2025, a decrease of 17.3 percent.
Meanwhile, properties issued to citizens of Gulf Cooperation Council countries dropped to 225 deeds, compared to 416 in the same period last year, representing a decrease of 45.9 percent.