Saudi Arabia’s property prices rose by 0.6% in the first quarter of this year, mainly due to a 1.2% increase in residential property prices. Government programs are helping keep the market stable, and experts predict higher demand for homes soon. The “Sakani” program, run by the Ministry of Municipal and Rural Affairs and Housing, assisted 32,000 Saudi families in the first quarter, a 15% increase from last year. Read this story
