In the beginning, Abdullatif Al Juraish, Chairman of the Board of Directors of Ajee Real Estate Company, explained that the real estate crisis that went through the market and real estate products was affected by some sovereign decisions and some speculations and expectations; which prompted the beneficiary - the housing seeker - in particular to wait for a better opportunity.

Al-Jarish pointed out that this helped in the stagnation and decreased implementation and weak demand for products or land and then construction on them, but the urgent need to obtain a housing opportunity pushed the market again to move, but the capacity is still limited, and after the opportunity to obtain housing became more possible through some government-supported facilities and ideas.

The CEO of Ajee Real Estate Company stressed that the implementation of some residential auctions that served as a strong motivation to know the real estate market and achieve the realistic price of the property, although it is hoped that supporting housing opportunities with safer ideas suitable for all beneficiaries will further help the movement of the market. Accordingly, the construction and building movement will naturally be affected by the state of the real estate and will witness a boom, God willing.

D. Al-Mughlouth: The economy and building materials factories are starting to move

On the same subject, Dr. Abdullah bin Ahmed Al-Maghlouth, a member of the Saudi Society, said that in my belief that the next stage will witness a positive movement towards balance in supply and demand and this is what the Ministry of Housing targets and the upcoming and current indicators show this as there have been auctions to sell lands in various cities of the Kingdom, and this confirms that there is a demand for purchase and the market is active as well as a key factor towards encouraging citizens to build their housing projects, as the current decline is an opportunity to buy lands as well as the decline in the value of building materials, concrete and steel encourages and saves the citizen amounts

Then the active real estate market will contribute to the local output and stimulate the economy and building materials factories as the trend now is not only in speculation but to buy to build housing, there are still programs by the Real Estate Fund and financing and there is still a waiting list waiting for financing loans through commercial banks and the Real Estate Fund and certainly this is an engine as I indicated in the movement of the real estate market

D.Muneef: The phenomenon of reluctance and reservation

For his part, Dr. Mamoun Al-Muneef, Managing Director of Taraz Al-Arabia Company, expressed his observation that since the estate of Sheikh Saleh Al-Rajhi, God rest his soul, was put on the market, real estate professionals were very optimistic about the success we witnessed at the level of all auctions and other auctions that were witnessed in Riyadh due to the thirst of the real estate market for buying and selling movements that were greatly affected by the recent recession period, and Dr. Muneef expected.Therefore, it is expected that this movement will be accompanied by a significant recovery in the construction sector, especially since there is a decrease in the prices of building materials, which will benefit from large real estate developers to accelerate the need to meet the demand of Saudi families with special specifications that meet their desires in addition to appropriate prices, and the most encouraging thing is the demand of investors and citizens to buy residential plots of land with the intention of building.