GaStat launches Saudi real estate price index; Q1 2017 down 2.3%.
GaStat launched the Saudi real estate index indicator, based on Ministry of Justice registry data, covering residential, commercial, and agricultural sectors, and reported Q1 2017 declines of 2.3% quarter-on-quarter and 9.9% year-on-year.
Why It Matters
This new official benchmark gives real estate professionals in SA a reliable data source to track price movements and inform investment and valuation decisions.