19.05.2011 - S.Arabia: Enormous demand pushing up real estate prices
Recent announcements of new home finance schemes have helped lift real estate prices in the Kingdom, Injaz Managing Director Omar Abdullah Al-Kadi said on Wednesday. “The supply is limited and the demand is enormous,” he said. Al-Kadi also said land prices were rising because of the demand created by new home finance schemes. He indicated that the recent royal decrees had strengthened the real estate sector..............................................Full Article: Source
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