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 a 2.3% quarter-on-quarter and 9.9% year-on-year price decline in Q1 2017.
Why It Matters
This official index provides real estate professionals in SA with a reliable benchmark for price movements and future expectations, supporting economic and statistical decision-making.