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Riyadh, Jeddah house prices, rentals continue to increase

Posted on 25 June 2012

Home prices and rents in Saudi Arabia’s two largest cities increased during the first quarter amid limited residential supply and an easing in bank lending conditions, Jones Lang LaSalle (JLS) said in a report Sunday.
In Riyadh, villa and apartment prices increased to SR4,236 and SR2,628 ($1,129 and $700) a square meter, respectively, the report from the global real estate services firm specializing in commercial property management, leasing and investment management said………………………………………..Full Article: Source


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