Real estate news, positive or negative, continues to take a large space through the media and social media channels, and we find a great pump and momentum revolving around the real estate affairs from many aspects, and through this great momentum, rumors take their place where some weak souls take it as a fact to weave their fertile imagination, far from the reality and truth.
We cannot deny that there is a kind of stagnation in the field of real estate movement and a relative decline and a few and few.
We do not deny that there is a kind of stagnation in the field of real estate movement and a relative and small decrease, especially in the sales and prices of villas, and the market witnessed a slight decrease in sales and prices of residential apartments, due to some reasons and decisions taken by the responsible authorities in the country.
The most prominent reasons that led to the decline in sales in the real estate market, and thus affected directly in its movement, are : Weak liquidity, weak financing and real estate loans, in addition to the Cabinet decision that approved the project of imposing fees on white lands that fall within the urban area and issuing its executive regulations, converted-space"> all of this contributed greatly to the decline in sales and the relative decline in real estate prices, these reasons all of which made citizens wait, wait and wait to choose the housing product that suits them and thus postponed their purchase decision.
<p class="p1This was offset by a significant stagnation in the construction movement, high rental prices in commercial and residential shops and consequently low prices of complementary goods such as iron and other building materials, which in turn did not encourage investors to enter the field of real estate development.
This in turn did not encourage investors to enter the field of real estate development.
<pIn addition, the reluctance to buy land by many local investors is due to the lack of clarity in real estate despite the availability of liquidity.It is as if they are saying (if things are clear and the market returns to what it was, it may encourage us to invest in it, even if the price is a little high), and this indicates their fear of putting their money in the market real estate not knowing whether the decline will continue or stop.
On the other hand, the proliferation of retail stores has reasonably contributed to the commercial real estate boom in the Saudi market.Will this continue, or will the proliferation of supermarkets and mega-malls affect the growth of in the market?
And do not forget that the Ministry of Housing is the most keen to avoid the decline and stagnation of real estate because they are partners with real estate development companies and national construction companies, all these parties are keen to keep the real estate market active and vital, because it is the most absorbing field for the Saudi youth who aspire to a better future.
<p class="p1We can say that the Saudi real estate market is now in a state of anticipation and pause, and many have postponed the decision to buy pending the outcome of the recent decisions of the state. In conclusion, we say that real estate has never and will never collapse because it is the righteous son of the nation.








