RIYADH: Real estate prices in Saudi Arabia increased by 1.6 percent in the fourth quarter of 2022, compared to the same period in 2021, primarily driven by a rise in residential property values, according to the latest report released by the General Authority for Statistics.
The GASTAT report revealed that the price of residential properties increased by 2.6 percent in the fourth quarter of the previous year, mainly fueled by a 2.7…
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