In our new research report “Saudi Arabia’s prospects in the housing sector, despite a significant slowdown in the economy, Saudi Arabia continues to attract massive investment and remains a favorite destination for real estate worldwide. The recovery of oil prices, the government’s recovery continues and the gradual decline of bank loans are some important factors contributing to growth in the Kingdom of the housing market. The report also revealed that the Kingdom will implement faster among housing applications GCC countries in 3-4 years.

The research concludes that the Kingdom is the most populous country in the Gulf of Mexico with a population of more than $ 27 million, and demand for housing far exceeds supply over 70% of the population under 30 years. In the future, the demand for affordable housing will continue to exceed demand for luxury villas as most people can afford homes priced between SR 0.8 million (0.21 million U.S. dollars) and SR 3.5 million (0.92 million U.S. dollars USA).

In addition, the government’s commitment to the development of the housing industry and the enabling policy framework will lead to high levels of investment in the housing sector. It is expected that most developers will concentrate on affordable housing projects in the coming years. The demand for these affordable housing units will increase rapidly in the strong market fundamentals discussed and analyzed in detail in the report.

“Saudi Arabia of Housing Sector Outlook” provides extensive research and objective analysis of the potential of housing industry, its components and its financing structure. The report provides statistics and authentic information of various hues, including home ownership, the achievements of the provinces, the evolution of the category wise and investment. In addition, the report provides an overview of the market leading operating in the sector.

More importantly, the report also gave the industry forecast based on the correlation of the last drivers, challenges and opportunities for expansion. Thus, the report presents a comprehensive housing industry, consistent and Saudi Arabia will be crucial for customers.