Mortgage financing for new residential properties offered to individuals by financing companies saw a significant decline during the first quarter of 2026, by 21.9% compared to the fourth quarter of 2025, according to the monthly statistical bulletin issued by the Saudi Central Bank, with total financing falling to 585 million riyals, compared to 737 million riyals in the previous quarter.
The data showed that mortgage financingresidential real estate financing

is distributed across three main sectors: villas, apartments, and land. Financing for villas totaled approximately 249 million riyals during the first quarter of 2026, compared to 284 million riyals in the fourth quarter of 2025.

Apartment financing also declined to 279 million riyals from 353 million riyals during the same period, while land financing fell even further to 57 million riyals compared to 100 million riyals in the fourth quarter of 2025.
On a year-over-year basis, the bulletin noted a 5.4% decline in new residential real estate financing for individuals from finance companies during the first quarter of 2026 compared to the same quarter of 2025, with total financing amounting to 585 million riyals, compared to 619 million riyals.

The annual breakdown also showed that financing for villas rose to 249 million riyals, compared to 175 million riyals in the first quarter of 2025, while financing for apartments declined to 279 million riyals from 347 million riyals, and financing for land also fell to 57 million riyals compared to 97 million riyals during the same period.