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Saudi Arabia to see 3.5 to 4.5 percent growth in construction

Saudi Arabia is emerging as a dominant force in the construction industry, with Bain & Company projecting a compound annual growth rate (CAGR) of...

Dubai’s Real Estate Market Thrives in 2024

Dubai’s real estate sector demonstrated strong growth in 2024, with increasing sales and rental prices across all property segments. The city’s strategic urban planning,...

The Booming Construction Sector in the Gulf: Opportunities for the Natural Stone Industry

The Gulf Cooperation Council (GCC) region has witnessed unprecedented growth in its construction sector, with $1.4 trillion worth of projects awarded in the last...

The Evolution of the Construction Sector: Trends and Statistics for 2025

The construction industry, as one of the largest drivers of the global economy, is advancing at an unprecedented pace, driven by technological innovation, changing...

Saudi Arabia’s real estate market poised for unprecedented growth in 2025

Underpinned by Vision 2030 and a wave of infrastructure investment, Saudi Arabia's real estate market is on a trajectory of robust growth, as highlighted...

US Construction Industry 2024: Resilient Growth Amid Challenges, Optimistic Outlook for 2025

The construction industry in 2024 was defined by strong fundamentals, marked by a 10% increase in nominal value added and a 12% increase in...

Cityscape Global 2024 Achieves Record-Breaking $61 Billion in Real Estate Transactions

Cityscape Global 2024 solidified its status as the largest real estate exhibition in the world, closing its second edition at the Riyadh Exhibition &...

Saudi Arabia needs 115k new homes a year to meet 2030 homeownership target

Saudi Arabia will need to construct 115,000 new homes annually over the next six years to address the housing needs of its rapidly growing...

USA: Home Price-to-Income Ratio By State

With steadily increasing home prices and stagnating wages among lower-wage workers, home ownership for many Americans has become increasingly unaffordable. The home price-to-income ratio measures...

Median Home Sale Price by U.S. State

In 2024, buying a home in the U.S. looks vastly different depending on where you are. Factors like local demand, land availability, economic conditions, and...