The official spokesperson for the General Real Estate Authority, Taysir Al-Mufarraj, confirmed that «Real Estate Indicators Bulletin» is a periodic analysis and monitoring tool designed to provide a comprehensive and accurate picture of the real estate market’s performance by tracking key indicators, including transaction volume, average unit sizes, and the geographic distribution of activity, as well as rental trends and labor market indicators related to the sector, such as the number of real estate brokers.
Al-Mufarraj explained that markets whose performance indicators are measured regularly are more stable and predictable, noting that enhancing transparency through data publication reduces forecasting gaps among market participants, limits volatility, and contributes to more efficient capital allocation and greater confidence in the real estate market. Al-Mufarraj’s remarks came during a session titled «Real Estate Indicators Bulletin», organized by the «Ahl Al-Aqar,» an online platform affiliated with the General Real Estate Authority. He noted that the bulletin has undergone significant development in recent months in response to feedback from experts and stakeholders, emphasizing that the Authority possesses a comprehensive database on the real estate sector, which enabled it to launch this bulletin as the first monthly issue in a series of periodic reports aimed at meeting the market’s need for accurate information.
Expansion of Specialized Reports
He explained that the Authority’s plan includes expanding the publication of various reports in the coming period, including regular monthly releases of indicators, quarterly economic reports providing deeper analysis and a more comprehensive view of the market, as well as annual reports that help identify long-term trends and understand the sector’s transformations in a more integrated manner.
He noted that the bulletin contributes to building a reliable information repository for the real estate market, explaining that the continuous availability of data enhances the ability of regulators and investors to make more informed and clear decisions. He added that market regulation is not limited to rules and legislation but also depends on making information available and enabling all parties to access the data.
Enhancing Transparency in the Real Estate Market
Al-Mufarraj emphasized that the regular publication of data and increased transparency are among the most important pillars of mature real estate markets globally, noting that the monthly bulletin represents an institutional step toward moving the market from a phase of estimates and impressions to a phase of scientific measurement based on figures. He also explained that the bulletin does not focus on data from a single month but rather provides a reliable time series that allows for an analysis of the market’s structural trends rather than focusing on short-term fluctuations, by comparing performance with the previous month and the same period last year.
He added that the true value of the bulletin lies not in the raw numbers, but in its ability to reveal shifts and changes within the market, noting that its publication reflects the Authority’s comprehensive regulatory role, whose responsibilities are not limited to issuing licenses and regulations but extend to empowering the market with information and bridging knowledge gaps among various stakeholders, thereby contributing to increased market efficiency and curbing speculative behavior not grounded in economic fundamentals.
He noted that the bulletin highlighted a number of factors influencing the market, including fees on undeveloped land and the impact of regulatory and structural measures implemented during the recent period, as well as the role of real estate balance and the regulation of brokerage activities in promoting the sector’s stability.
Targeting Various Segments of the Real Estate Market
He explained that the «Real Estate Indicators Bulletin» targets various segments of the real estate market, as each segment can benefit from it according to its needs. It helps investors interpret market cycles, analyze liquidity based on transaction volumes, and monitor shifts in demand and the geographic distribution of risks. Furthermore, linking sales and rental indicators with development costs enables a more comprehensive investment outlook.
He noted that real estate developers rely on the bulletin to understand two key factors: actual demand and purchasing power levels, while real estate brokers use the data to gradually shift from a traditional marketing role to an advisory role based on analysis and professional counsel, especially following the development of the real estate consulting licensing system.
Al-Mufarraj concluded by emphasizing that the true value of a real estate broker today is linked to their ability to utilize data and analytics when dealing with clients—whether buyers or sellers—thereby enhancing professionalism and improving the quality of decisions within the real estate market.
