A real estate report issued by Jadwa Investment Company Real estate prices in the Kingdom's markets increased by 1.5% year-on-year in the third quarter of 2022, and by 0.3 % quarter-on-quarter, indicating that residential real estate prices continued to push overall prices higher, while commercial real estate prices continued to decline year-on-year.

The report showed that real estate prices in the Kingdom's markets increased by 1.5% year-on-year in the third quarter of 2022, and by 0. The report showed that during Q3 2022, residential real estate prices in Riyadh witnessed the largest increase among major regions, year-on-year, at 4.6%.

According to Jadwa, residential real estate prices continued to drive overall prices higher, while commercial real estate prices continued to decline year-on-year. According to Jadwa, housing rents continued to rise in September, up 3.6% y-o-y and 1.3% m-o-m, and added that total net mortgage loans to individuals in September decreased by 17%, y-o-y, and while mortgage loans for land and villas decreased during the month, loans for apartments increased by 9%, y-o-y.

According to Jadwa, housing rents continued to rise in September, up 3.6% y-o-y and 1.3% m-o-m.