The Ministry of Housing revealed that the ministry's products in partnership with developers are witnessing a great turnout, and that the marketing of more than one site has been completed, such as North Riyadh, Khobar and Al-Mubarraz. At the same time, a study conducted by the ministry proved that the demand for buying real estate products through commercial websites is very slow and weak, as it was found that 92% is the percentage of Saudis who do not accept to buy residential products from websites.

The Ministry of Housing recently published the number of offers for the sale of announced, closed and existing housing units by cities.

It is noteworthy that it recently published the number of announced, closed and existing offers for the sale of residential units by cities that were announced through the most important electronic real estate marketing sites in the Kingdom during the first half of 2017.

In the study, the ministry found that more than 92% of these online offers did not find buyers, thus remaining within the available housing supply for ownership at the beginning of the second half of 2017.

More than 92% of these online offers did not find buyers, thus remaining within the available housing supply for ownership at the beginning of the second half of 2017.