A report released by the General Authority for Statistics showed an increase in the Real Estate Price Index in the Kingdom by 0.9% during the fourth quarter of 2021, driven by a 1.7% increase in residential real estate prices.

The report noted that a 0.7% decline in commercial real estate prices and a 0.2% decline in agricultural real estate prices contributed to moderating the overall index increase, According to the results, the rise in residential land prices was the biggest factor driving the increase in real estate prices in the fourth quarter of 2021 compared to the same quarter of 2020.