Saudi property prices rise for first time since early 2015 - Arabianbusiness:
Real estate prices in Saudi Arabia rose marginally by 0.5 percent in the final quarter of 2019, marking the first positive growth since early 2015.
According to a new research note from Jadwa Investment, property prices in the Gulf kingdom also rose by 0.9 percent quarter-on-quarter in Q4 2019.
Jadwa Investment said the local economy ended the year on a positive trend.
While point of sale transactions rose notably by an average of 23 percent in full year 2019, the non-oil PMI index averaged at 57.1 in 2019, the highest annual average since 2015.
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