Riyadh - Mubasher: The Real Estate Price Index fell 9.9% in the first quarter of the year.
The decrease in the index was attributed to the decline in the residential, commercial, and agriculture sectors by 9.5%, 11.7%, and 1.3%, respectively.
The index also went down 2.3% quarter-on- quarter in Q1-17, according to the Saudi General Authority for Statistics.
On a quarterly basis, the change was attributed to the decline in the residential, commercial, and agriculture sectors by 2.6%, 1.8%, and 0.3%, respectively.