RIYADH: 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.
