FINANCIAL NEWS

Saudi property prices to fall 25 percent this year

02 Jan 2014

(MENAFN) Prices of property in Saudi Arabia are expected to fall by 25 percent this year, according to Arab News.

Growth of stock market and completion of housing projects earlier were considered as the main factors behind the drop in property pieces.

The pricing fall will mainly be concentrated in big cities while smaller cities and towns will witness gradual fall in their properties.

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