MUSCAT : According to the National Centre for Statistics and Information (NCSI) data, the traded value of sales contracts rose to RO 551.8 million through 27,864 sales contracts by the end of May 2026, compared with RO 536.3 million through 27,302 contracts during the corresponding period in 2025.

The value of sales contracts recorded a growth of 2.9 percent, while the number of contracts increased by 2.1 percent year-on-year.

The traded value of mortgage contracts also increased by 7.9 percent to reach RO 618.1 million through 11,130 contracts by the end of May 2026, compared with RO 572.7 million through 9,140 contracts during the same period last year.

Swap contracts recorded a traded value of RO 5.4 million through 319 contracts by the end of May 2026, compared with RO 4.6 million through 538 contracts during the same period in 2025. The value of swap transactions increased by 17.8 percent.

Meanwhile, the number of issued ownership certificates declined by 12.9 percent, reaching 82,224 certificates by the end of May 2026, compared with 94,414 certificates during the same period last year.

The number of properties issued to citizens of Gulf Cooperation Council (GCC) countries also decreased by 28 percent, falling to 439 properties by the end of May 2026 from 610 properties during the corresponding period in 2025.

For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.