PRZOOM - /newswire/ -
Noida, Uttar Pradesh, India, 2011/02/01 - Saudi Arabia housing demand is anticipated to grow at a CAGR of over 18% during 2010-2013, says RNCOS in its latest research report.
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. 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.
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 Kingdom’s 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.
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. 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 Kingdom’s housing sector.
Our report “Saudi Arabia Housing Sector Outlook", is an outcome of extensive research and thorough analysis of the growing housing industry in Saudi Arabia. The report includes forecast for key real estate segments such as, real estate finance and housing demand to present a better understanding of the Saudi Arabian housing industry. Most importantly, the report also provides future forecast on the industry based on correlation of past drivers, challenges, and opportunities for expansion. In this way, the report presents a complete and coherent analysis of the Saudi Arabian housing industry, which will prove decisive for clients.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.