As per our new research report "Saudi Arabia Housing Sector Outlook", housing industry in the Kingdom has emerged as the most dynamic segment of the real estate industry lebron 9. Saudi Arabia offers ample opportunities for real-estate developers as the housing industry is characterized by a large housing deficit.
As per our estimations, the annual housing demand is expected to grow at a CAGR of around 18% during 2010-2013 lebron 9.As per our team of experts, recovery of oil prices, continuous government stimulus, and gradual relaxation of bank lending are some of the important factors fueling growth in the Kingdoms residential real-estate market.
Along with this trend, various other strong fundamental drivers discussed and analyzed in the report will enable this industry to sustain its upward growth trend in the coming years lebron 9.Further, our report states that this demand could further escalate, if the mortgage law is approved by the country's legislature.
This law will ensure easy financing of the retail housing purchases lebron 9. It is expected that the new mortgage law earmarked for the Kingdom will significantly boost the activity in the Kingdom's construction industry.
Besides, our report analyzes factors critical to the success of the Saudi Arabian housing industry. It has also identified key players in the market and included their detail business description and their recent activities. Apart from this, the report sheds light on the emerging industry trends, which are expected to decide the future of the Kingdoms housing sector.
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