Saudi real estate: Best-performing areas, price rises and increase in sales

Saudi real estate: Best-performing areas, price rises and increase in sales

in arabianbusiness.com: In the 12 months to Q2 2024, Saudi Arabia’s residential transactions across the three major cities of Riyadh, Jeddah, and Dammam Metropolitan Area (DMA) recorded annual improvements in transaction volumes by 51.6 per cent, 43.2 per cent and 22.4 per cent, respectively. “Riyadh particularly is demonstrating attributes of an undersupplied market, driven by strong employment and population growth on the back of government investment projects, resulting in very tight supply in certain areas of the market as new deliveries fail to keep pace with the robust housing demand”.





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