GaStat Launches Saudi Real Estate Price Index, Q1 2017 Down 2.3%.
GaStat launched the Saudi real estate price index based on ministry of justice transaction data, showing a 2.3% drop from the previous quarter and a 9.9% drop year-on-year in Q1 2017.
Why It Matters
This gives real estate professionals a reliable official indicator to track price movements and support economic decisions in the Saudi market.