This report is based on the Saudi real estate sector expecting to see strong growth through the rest of this year, with momentum continuing into 2012 and beyond. This comes on the back of improved economic conditions, with real GDP projected to increase by 5.7% in 2011. With a new mortgage law in the works and government plans to spend nearly $70bn on low-income housing, Saudi Arabia’s real estate market appears on track for a period of expansion. According to a report issued in early June by property consultancy Jones Lang LaSalle, the Saudi real estate sector should see strong growth through the rest of this year, with momentum continuing into 2012 and beyond. This comes on the back of improved economic conditions, with real GDP projected to increase by 5.7% in 2011.