Saudi housing demand remains robust despite conflict-affected Q1: Knight Frank

RIYADH: The fundamentals underpinning Saudi Arabia’s housing market “transcend” the impact of the Iran war, a property expert has said after residential transaction volumes fell 50 percent year on year in the first quarter of 2026. Uncertainty caused by the conflict, which began on Feb. 28, was cited as one of the factors behind the decline, along with affordability pressures and weaker mortgage activity.

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