Business · Economy · 13 hrs ago
Saudi property prices rise 1.2% year on year in Q3
Saudi Arabia’s property prices rose 1.2% year on year in the third quarter of 2026, according to official transaction data.
Residential prices increased 2.3%, led by residential land, which rose 4.9%; apartment prices also rose, while villa prices fell 7.7%.
The overall index fell 1.2% from the previous quarter, with residential land prices dropping 2.1%.
Commercial property prices fell 2% over the year, while agricultural property prices rose 3.9%.
The figures track property transactions, not rents, and national averages do not show how prices changed in every neighbourhood.
The government is seeking to expand housing supply, including by developing unused land, as it promotes homeownership under Vision 2030.
Saudi Arabia’s real estate prices rose 1.2 percent year on year in the third quarter of 2026, according to the General Authority for Statistics.
Residential prices increased 2.3 percent, led by a 4.9 percent rise in residential land prices.
Villa prices fell 7.7 percent year on year, while commercial property prices declined 2 percent.
Despite the annual increase, the overall real estate price index fell 1.2 percent from the second quarter.
The Northern Borders region recorded the strongest annual increase at 12 percent, while Asir had the steepest decline at 4.3 percent.
- Who
- The General Authority for Statistics reported the figures.
- What
- Saudi real estate prices rose 1.2 percent year on year. The overall index fell 1.2 percent from the previous quarter.
- When
- The third quarter of 2026, compared with the same quarter of 2025 for the annual change.
- Where
- Saudi Arabia.
- Why
- Residential and agricultural property prices increased, offsetting declines in commercial property. Residential land prices rose 4.9 percent, while villa prices fell 7.7 percent.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Overall annual change
- Up 1.2 percent in Q3 2026
- Residential property
- Up 2.3 percent year on year
- Residential land
- Up 4.9 percent year on year
- Villa prices
- Down 7.7 percent year on year
- Quarterly index change
- Down 1.2 percent from Q2 2026
- Regional extremes
- Northern Borders up 12 percent; Asir down 4.3 percent
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What people are saying
Property prices and percentage changes vary by location, so national figures do not reflect every neighbourhood
Lower prices can improve affordability when financing costs and repayments remain manageable
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#عاجل | تباطؤ وتيرة ارتفاع أسعار #العقارات في #السعودية خلال الربع الثالث من العام الجاري إلى 1.2% على أساس سنوي، وفق بيانات الهيئة العامة للإحصاء الصادرة اليوم @ekramy20