Business · Companies · 4 hrs ago
Saudi individual home financing by finance companies rises 8% year on year
Finance companies provided SR604 million in new home financing to individuals in Saudi Arabia in the third quarter of 2026.
This was 8% more than in the same quarter of 2025, when the total was SR559 million.
The figures cover financing for villas, apartments and land.
Apartment financing was SR310 million, land financing was SR84 million, and villa financing was SR210 million.
The total fell 15% from the previous quarter, when financing reached SR711 million.
The year-on-year increase came as land and apartment financing rose, while villa financing was almost unchanged from Q3 2025.
The figures were published by the Saudi Central Bank, and no further action or forecast was stated.
Finance companies provided SR604 million in new residential mortgage financing to individuals in Saudi Arabia in the third quarter of 2026.
The amount was 8 percent higher than the SR559 million provided in the third quarter of 2025, according to a Saudi Central Bank report.
Compared with the second quarter of 2026, financing fell 15 percent from SR711 million.
Apartment financing reached SR310 million, while villa financing was SR210 million and land financing was SR84 million.
- Who
- Finance companies provided the financing to individuals.
- What
- New residential mortgage financing reached SR604 million, up 8 percent year on year.
- When
- The third quarter of 2026.
- Where
- Saudi Arabia.
- Why
- Not stated
This story does not have two clearly opposing sides.
Finance companies provided SR559 million in new residential mortgage financing to individuals.
Financing totaled SR737 million, based on the sector figures reported for villas, apartments and land.
Financing totaled SR585 million.
Financing totaled SR711 million.
Financing reached SR604 million.
- Total financing, Q3 2026
- SR604 million
- Year-on-year change
- Up 8 percent from SR559 million in Q3 2025
- Quarter-on-quarter change
- Down 15 percent from SR711 million in Q2 2026
- Apartments, Q3 2026
- SR310 million
- Villas, Q3 2026
- SR210 million
- Land, Q3 2026
- SR84 million