Realtors expect annual lower cost of rents for villas and housing apartments in the Kingdom as well as the costs of construction over the next two months, pointing out that the decline in the prices of iron and real estate markets in the Gulf region highlight the reasons behind this decline.
Source: alwatan newspaper (Arabic), Oct. 24, 2008, link: http://www.alwatan.com.sa/news/newsdetail.asp?issueno=2947&id=74875