Saudi Arabia Housing Industry Set for Robust Growth
As per our new research report "Saudi Arabia Housing Sector Outlook", housing industry in the Kingdom has emerged as the most dynamic segment of the real estate industry. Saudi Arabia offers ample opportunities for real-estate developers as the housing industry is characterized by a large housing deficit. As per our estimations, the annual housing demand is expected to grow at a CAGR of around 18% during 2010-2013.
As per our team of experts, recovery of oil prices, continuous government stimulus, and gradual relaxation of bank lending are some of the important factors fueling growth in the Kingdom