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Saudi Real Estate Subject to Supply-Demand

Saudi Real Estate Subject to Supply-Demand

Riyadh- The real estate market has started a new phase of changes in supply and demand levels as well as prices – the sector is now subject to supply and demand balances. This has led to a 20 percent drop in prices during the first half of 2017, compared to the same...
Land Fees Cause Drop in Saudi Real Estate Market

Land Fees Cause Drop in Saudi Real Estate Market

Riyadh-The Saudi real estate market has marked a sharp drop of 58.6%, its lowest record in the housing sector in 2016, the result of a significant drop of 56.7% of the total weekly sales settling at SAR1.9 billion (around USD506 million), the lowest weekly level in a...