{"id":25882,"date":"2019-06-19T13:05:00","date_gmt":"2019-06-19T10:05:00","guid":{"rendered":"https:\/\/www.amlak.net.sa\/home\/?p=25882"},"modified":"2019-06-19T13:05:00","modified_gmt":"2019-06-19T10:05:00","slug":"%d9%82%d9%8a%d9%85%d8%a9-%d8%a7%d9%84%d8%b5%d9%81%d9%82%d8%a7%d8%aa-%d8%a7%d9%84%d8%b9%d9%82%d8%a7%d8%b1%d9%8a%d8%a9-%d8%aa%d8%b5%d9%84-430%d9%85%d9%84%d9%8a%d9%88%d9%86-%d8%af%d9%88%d9%84%d8%a7","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/25882\/","title":{"rendered":"Real estate sales are expected to grow in the coming period The value of real estate transactions during the past week touched the USD 430 million mark"},"content":{"rendered":"

The value of real estate transactions last week amounted to $430 million, recording the highest rate of decline since August 2018. According to press sources, the decline rates resulted from pressure from both the residential and commercial sectors, with a stronger impact than the commercial sector by 53 percent, while some experts in the sector expected the growth of real estate deals during the coming period.<\/p>\n

It is clear through these real estate indicators that all activities have decreased without exception, with differences in their percentages, but this decline comes as an extension of what has been happening in the market during the last four years, in which the market movement began to go in reverse to achieve successive decreases in the value and number of transactions.<\/p>\n

Land fees and VAT cast a shadow on the general real estate scene in terms of value, supply and demand, driven by the low levels of demand for the commercial sector, which has always been far from market declines until the beginning of last year, as it was maintained at good levels compared to residential, whose movement varies periodically, and the entry of the Ministry of Housing has a major role in pressing in the right direction by imposing restrictive legislation and its entry as a non-profit developer through the \u00abResidential\u00bb program specifically, which remained regular in its payments for the second year in a row.<\/p>\n

Selected real estate news links from News Issue 174:<\/h3>\n

Real Estate News - Real Estate Deals - real estate<\/a> - Real Estate Deals - Residential Real Estate<\/h3>\n

During the month of May. The Real Estate Fund deposits 863.5 million riyals in the accounts of subsidized loan beneficiaries<\/a><\/p>\n

Residential program delivers 1576 free land plots to beneficiaries in different regions of the Kingdom<\/a><\/p>\n

\u00a0He cleared up the confusion on which the judicial rulings were based...\u00a0<\/a><\/p>\n

Cabinet decides to apply the housing subsidy regulation to all applications submitted to the Real Estate Fund<\/a><\/p>\n

More than 7000 enterprises registered. The Human Resources Development Fund's efforts for SME entrepreneurship are commendable\u201d<\/span><\/a><\/p>\n

\u00a0More than 4 billion riyals deposited in the accounts of \u201csubsidized mortgage\u201d beneficiaries\u201d<\/a><\/p>\n

The real estate market records a 14% decline in total transaction value<\/a><\/p>\n

The Real Estate Authority presents the draft Real Estate Registration System to enhance property rights and minimize conflicts<\/a><\/p>\n

The volume of residential real estate financing provided to individuals by banks increased by 143%<\/a><\/p>\n

UK house prices rise in May<\/a><\/p>\n

\u201cJawood Housing\u201d platform reveals that it has supported more than 219 beneficiaries in the \u201cRent Support\u201d track\u201d<\/a><\/p>\n

Real estate deals<\/h3>","protected":false},"excerpt":{"rendered":"

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