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Press Dossier   News Category    Real Estate    Saudi real estate market falls by 9.1% in 4Q 2021, reports Al-Eqtisadiah

Arab News, Monday, Dec 27, 2021 | Jumada Al-Uola 21, 1443

Saudi real estate market falls by 9.1% in 4Q 2021, reports Al-Eqtisadiah

Saudi Arabia: Saudi Arabia’s real estate market slid in late December by 9.1 percent, as the value of deals finalized at a weekly rate of less than SR4.1 billion ($1.09 billion), reported Al-Eqtisadiah.

It said all segments of the real estate sector recorded a decline with the residential sector transactions declining by 4 percent, the commercial sector fell by 11.7 percent and the total value of transactions in the agriculture and industrial sectors dropped by 27.1 percent.
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