Riyadh – Mubasher: Saudi Arabia's real estate price index fell 1.5% year-on-year during the first quarter of 2018, General Authority for Statistics’ (GASTAT) data on Monday revealed.

The fall of the kingdom’s real estate price index in the three-month period ended 31 March, 2018 attributed to a 0.2% decrease in the residential sector, followed by a 4.4% drop in the commercial sector, and a 0.4% decline in the agricultural sector, the GASTAT added.

Quarter-on-quarter, Saudi real estate price index inched down 0.5% in Q1-18, compared to Q4-17, the state-run authority noted.