Mortgage Law to Boost Saudi Arabia Housing Market
According to our new research report "Saudi Arabia Housing Sector Outlook", Saudi Arabia has the largest real estate market in the GCC, with more commercial (office, retail, and residential) floor space than all the other GCC countries combined. However, the Kingdom has a shortage of owner-occupied residential housing, particularly at the lower end of the income scale. The Kingdom’s residential sales prices are currently considerably below than other GCC markets. As per our estimates, the Kingdom’s housing demand will grow...
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