Riyadh homeownership lags at 53% despite national gains
Edited By WION Video Desk
Published: Jan 20, 2025, 13:00 IST | Updated: Jan 20, 2025, 13:00 IST
Property prices in Riyadh have skyrocketed since the pandemic, with the average cost of a house rising by 81% and apartment prices increasing by 56%. This sharp rise stands in stark contrast to the more stable or even declining property prices in other cities like Jeddah, where house prices have fallen by 8%.
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