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In Saudi Arabia, the peak of the housing index occurred in late 2014, reflecting a robust real estate market with a high score of 101.6. However, by early 2019, the index had declined to its lowest point, registering at 80.
In Saudi Arabia, the peak of the housing index occurred in late 2014, reflecting a robust real estate market with a high score of 101.6. However, by early 2019, the index had declined to its lowest point, registering at 80.
Post-2019, house prices began to stabilize, reflecting the government's efforts to regulate and support the housing market.
Recently, the housing index has shown a steady state. Forecasts suggest a gradual rise to 86 points in 2024 and 89 points by 2025, pointing to a stable growth in house prices.
Source: Saudi Arabia Real Estate Price Index - Trading Economics
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