The real estate transaction value in the 'Residential Real Estate Transactions' segment of the real estate market in Saudi Arabia was forecast to continuously increase between 2024 and 2029 by in total 0.3 billion U.S. dollars (+2.9 percent). After the eleventh consecutive increasing year, the real estate transaction value is estimated to reach 10.58 billion U.S. dollars and therefore a new peak in 2029. Notably, the real estate transaction value of the 'Residential Real Estate Transactions' segment of the real estate market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
Residential real estate transactions refer to the buying, selling, or transfer of ownership of residential properties such as single-family homes, condominiums, townhouses, and apartments. These transactions involve a number of steps and parties, including buyers, sellers, real estate agents, attorneys, lenders, and title companies.
Additional information:
The KPIs covered in this market are the real estate transactions revenue and the average revenue transaction value.
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Statista. (July 19, 2024). Value of residential real estate transactions in Saudi Arabia from 2018 to 2024, with a forecast until 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/forecasts/1427257/residential-real-estate-transactions-value-saudi-arabia
Statista. "Value of residential real estate transactions in Saudi Arabia from 2018 to 2024, with a forecast until 2029 (in billion U.S. dollars)." Chart. July 19, 2024. Statista. Accessed December 26, 2024. https://www.statista.com/forecasts/1427257/residential-real-estate-transactions-value-saudi-arabia
Statista. (2024). Value of residential real estate transactions in Saudi Arabia from 2018 to 2024, with a forecast until 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/forecasts/1427257/residential-real-estate-transactions-value-saudi-arabia
Statista. "Value of Residential Real Estate Transactions in Saudi Arabia from 2018 to 2024, with a Forecast until 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Jul 2024, https://www.statista.com/forecasts/1427257/residential-real-estate-transactions-value-saudi-arabia
Statista, Value of residential real estate transactions in Saudi Arabia from 2018 to 2024, with a forecast until 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1427257/residential-real-estate-transactions-value-saudi-arabia (last visited December 26, 2024)
Value of residential real estate transactions in Saudi Arabia from 2018 to 2024, with a forecast until 2029 (in billion U.S. dollars) [Graph], Statista, July 19, 2024. [Online]. Available: https://www.statista.com/forecasts/1427257/residential-real-estate-transactions-value-saudi-arabia
