| 04.08.2011 - Property prices in Saudi Arabia up by 60pct in H1 of 2011: CBRE |
| King Abdullah's recent pledge to spend 30% of the Kingdom's annual economic output (approximately US$130 billion) on mass housing, job creation and training, unemployment benefits and a raft of other social and economic measures has been welcomed with great enthusiasm. However, as the supply and demand gap continues to widen in the housing sector, affordability remains the key deterrent for home ownership amongst Saudi nationals.............................................Full Article: Source |