Saudi property prices rise 1.2% in Q3 as residential land gains

RIYADH: Saudi Arabia’s real estate prices rose 1. 2 percent in the third quarter from a year earlier, as gains in residential land and apartment prices offset a steep decline in villa values, official data showed. The increase comes as Saudi Arabia continues to promote homeownership and expand housing supply under its Vision 2030 economic diversification program, while affordability and financing conditions remain key factors shaping demand. According to the General Authority for Statistics, resi

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