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Saudi property prices surge by up to 40pct in H2

Posted on 09 November 2010

From Arabianbusiness.com: Villa prices in some areas of Saudi Arabia have surged by as much as 40 percent in the second half of this year, fuelled by inflation and anticipation over the expected introduction of the mortgage law, according to a new survey.
Banque Saudi Fransi’s second-half Saudi real estate survey showed that the average prices for small villas in one area of north Riyadh rose by 40.6 percent……………………………………….Full Article: Source


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