There has been a slowdown in real estate transactions in Jeddah despite a number of factors expected to spur the growth of this vital sector.
According to some realtors, the volume of transactions recorded a fall of about 30 percent at present compared to the same period last year. This fall is mainly attributed to a correction taking place in the market after having witnessed exorbitant increases in the prices of real estate and properties over the past few years, according to a report in Al-Eqtisadiah business daily..............................................Full Article: Source
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