{"id":63055,"date":"2024-02-14T13:18:28","date_gmt":"2024-02-14T10:18:28","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=63055"},"modified":"2025-11-26T20:37:46","modified_gmt":"2025-11-26T20:37:46","slug":"0-7-%d8%a7%d8%b1%d8%aa%d9%81%d8%a7%d8%b9%d9%8b%d8%a7-%d9%81%d9%8a-%d9%85%d8%a4%d8%b4%d8%b1-%d8%a3%d8%b3%d8%b9%d8%a7%d8%b1-%d8%a7%d9%84%d8%b9%d9%82%d8%a7%d8%b1%d8%a7%d8%aa-%d8%a8%d8%a7%d9%84%d9%85","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/63055\/","title":{"rendered":"0.7 % Rise in the Kingdom's Real Estate Price Index in 2023"},"content":{"rendered":"<p>Revealed<strong><a href=\"http:\/\/stats.gov.sa\/\"> General Authority for Statistics<\/a> <\/strong>In its annual report, the annual average real estate price index in Saudi Arabia increased by 0.7% during the last year 2023, compared to the annual average of the previous year 2022, due to the increase in the average price of the residential sector by 1.1%.<\/p>\n<p>According to the General Authority for Statistics, the residential sector was affected year-on-year by the increase in the prices of residential plots by 1.2%, and the prices of apartments by 0.8%, which is considered the most influential in the real estate rise for 2023, due to its weight in the index. Condominium prices fell by 1%, villa prices by 3.2%, and house prices by 0.1%.<\/p>\n<p>While the annual report of the General Authority for Statistics revealed that the commercial sector declined by 0.1%, affected by the decline in the prices of commercial plots by 0.1%, and exhibition prices by 1.3%, while the prices of commercial buildings and commercial centers stabilized and did not record significant relative changes during 2023.<\/p>\n<p>The census data also showed that agricultural sector prices in 2023 decreased by 0.3%, influenced by the decrease in prices of agricultural land plots by 0.3%.<\/p>\n<h4><span style=\"color: #800000;\"><strong>Real estate prices in the fourth quarter of 2023<\/strong><\/span><\/h4>\n<p>The real estate price index increased by 0.2% in the fourth quarter of 2023 year-on-year, influenced by a 0.6% increase in residential sector real estate prices, a 0.5% decrease in commercial sector real estate, and a 0.1% decrease in agricultural sector real estate.<\/p>\n<p>The report attributed the increase in<strong><a href=\"https:\/\/amlak.net.sa\/en\/60160\/\"> Real estate prices<\/a><\/strong> In the residential sector, the price of residential plots increased by 0.7%, and given the heavy weight of the residential sector in the general index, it had a significant impact on the rise in the general index.<\/p>\n<p>During the fourth quarter of 2023, the report indicated that apartment prices increased by 0.1%, while condominium prices decreased by 0.9%, villas by 3.8%, and houses by 0.3%.<\/p>\n<h4><span style=\"color: #800000;\"><strong>Real estate prices fall in the commercial sector<\/strong><\/span><\/h4>\n<p>Real estate prices in the commercial sector declined by 0.5%, influenced by a 0.5% drop in commercial plot prices and a 0.9% drop in trade show prices.<\/p>\n<p>On the other hand, the prices of commercial buildings and commercial centers stabilized in Q4 2023, recording no significant change, while the agricultural sector witnessed a decrease of 0.1%, as a result of a decrease in agricultural land prices by 0.1%.<\/p>\n<p>On a quarterly basis, a report showed<strong><a href=\"http:\/\/stats.gov.sa\/\"> Statistical Commission<\/a><\/strong> Annually, the general real estate price index increased by 0.1% during the fourth quarter of 2023 compared to the previous quarter (third quarter of 2023).<\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">Minutes<\/span><\/span>The General Authority for Statistics (GASTAT) revealed in its annual report that the annual average real estate price index in Saudi Arabia increased by 0.7% during the last year 2023, compared to the annual average of the previous year 2022, due to the increase in the average prices of the residential sector by 1.1%. According to the General Authority for Statistics, the residential sector was affected on an annual basis by the increase in the prices of residential plots by ... <a title=\"0.7 % Rise in the Kingdom&#039;s Real Estate Price Index in 2023\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/63055\/\" aria-label=\"Read more about 0.7 % \u0627\u0631\u062a\u0641\u0627\u0639\u064b\u0627 \u0641\u064a \u0645\u0624\u0634\u0631 \u0623\u0633\u0639\u0627\u0631 \u0627\u0644\u0639\u0642\u0627\u0631\u0627\u062a \u0628\u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u062e\u0644\u0627\u0644 2023\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":54274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"0","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[91],"tags":[],"class_list":["post-63055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-data-research"],"acf":{"amlak_post_excerpt":"\u0627\u0644\u0627\u0631\u062a\u0641\u0627\u0639 \u0645\u062f\u0641\u0648\u0639 \u0628\u0632\u064a\u0627\u062f\u0629 1.1% \u0641\u064a \u0623\u0633\u0639\u0627\u0631 \u0627\u0644\u0642\u0637\u0627\u0639 \u0627\u0644\u0633\u0643\u0646\u064a\u060c \u0628\u064a\u0646\u0645\u0627 \u0634\u0647\u062f\u062a \u0627\u0644\u0642\u0637\u0627\u0639\u0627\u062a \u0627\u0644\u062a\u062c\u0627\u0631\u064a\u0629 \u0648\u0627\u0644\u0632\u0631\u0627\u0639\u064a\u0629 \u062a\u0631\u0627\u062c\u0639\u064b\u0627.","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":"\u0627\u0644\u0627\u0631\u062a\u0641\u0627\u0639 \u0645\u062f\u0641\u0648\u0639 \u0628\u0632\u064a\u0627\u062f\u0629 1.1% \u0641\u064a \u0623\u0633\u0639\u0627\u0631 \u0627\u0644\u0642\u0637\u0627\u0639 \u0627\u0644\u0633\u0643\u0646\u064a\u060c \u0628\u064a\u0646\u0645\u0627 \u0634\u0647\u062f\u062a \u0627\u0644\u0642\u0637\u0627\u0639\u0627\u062a \u0627\u0644\u062a\u062c\u0627\u0631\u064a\u0629 \u0648\u0627\u0644\u0632\u0631\u0627\u0639\u064a\u0629 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