Summer vacation jumps real estate deals in Riyadh 175%
The real estate index in Riyadh jumped from last week for residential real estate according to the report of the first notary in Riyadh to 175% with a total value of 2.22 billion riyals, with the number of real estate deals amounting to 1725 deals, and the number of deals increased from the previous week by 10% where 1581 deals were recorded, and the Malqa neighborhood recorded the largest real estate deals worth 1.16 billion riyals, while the Nozha neighborhood achieved the largest deal worth 62 million riyals.

The active movement in buying and selling in the real estate market is due to the desire of families to own real estate with the approach of the school vacation and branching to choose new housing, and the support and facilitation of real estate financing companies contributed to supporting and activating the real estate market, and the competition between the financing bodies contributed to creating innovative marketing methods and methods to reach those interested in owning housing with the financing system, and real estate offices were also active with these facilities to search for customers and suitable offers that correspond to their needs and requirements.

With these facilities, real estate offices were also active to search for customers and suitable offers in accordance with their needs and requirements.