2011-10-16 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: According to a new report by Rasmala, house prices in Saudi Arabia are likely to climb by up to 5% over the next two years, Saudi Gazette has reported. The investment bank said it was "cautiously optimistic" on the kingdom's real estate market due to an uncertain global economy and inherent structural challenges facing the Saudi economy. "We believe the Saudi real estate sector will experience sustained demand pressures, partially offset by affordability, financing, youth unemployment challenges and global macro uncertainty," the report said.  

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