16.06.2009 - Residential property insight from Saudi Arabia
From Zawya.com: There is an undersupply of up to two million homes in Saudi Arabia, caused by pent up demand, a move towards smaller households and increasingly available finance. Population growth is forecasted by the Department of Economy to rise over 32% in 10 years to 33 Million. This would require an additional 1.4 million homes, given that the current average household size is 5.7.......Full Article: Source
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