The data of the periodic housing bulletin for the second quarter of 2021 issued by the Housing Data and Monitoring Center showed a significant increase in the number of families who lived in their homes during the second quarter compared to the same period of last year 2020, recording 38,330 families who lived in their homes with an actual empowerment rate that exceeded 92%, and the construction completion index increased by 40% on an annual basis, and the full bulletin can be viewed via the link: https://www.housing.gov.sa/ar/periodical-magazine.
The Housing Bulletin data showed that the number of families benefiting from housing solutions through the Residential Program reached 41,448 families during the second quarter of this year, including 38,330 families who lived in their homes, bringing the number of families who lived in their homes during the first half to 87,896 families, pointing out that it is a record number that was not achieved in the first and second half of 2020.
The bulletin indicated that the number of housing units that began construction during the second quarter of 2021 amounted to 82,472 units, of which the Makkah region accounted for 20,144 units, followed by the Riyadh region with 17,038 units, while the Eastern region recorded 9740 housing units.

In terms of housing units whose construction was completed during the second quarter 2021, all regions of the Kingdom witnessed the completion of construction of about 93,509 housing units, an increase of 39% compared to 2020, while the Real Estate Developers Services Center “Imam” recorded the approval of 9 new residential plans with an area of 16.1 million m2.
According to the analysis of the Housing Data and Monitoring Center, the number of new residential mortgage financing contracts provided by banks and financial institutions exceeded 60 thousand contracts during the second quarter of 2021, worth 31 billion riyals, 98% of which were provided by banks, and the percentage of financing provided by banks for the purchase of residential villas reached 80%, about 17% for the purchase of residential apartments, and 3% for the purchase of residential lands.
The bulletin monitored a decline in housing rental prices by 0.9% on a quarterly basis and 3.4% on an annual basis, and the general residential real estate price index index at the level of the Kingdom recorded stability at 0.2%, and the prices of residential villas decreased by 3.5% and by -1.1% for apartments, and the performance index of 17 real estate funds recorded a significant improvement at 5054.11 points, and 3622.66 points for real estate management and development companies listed on the financial market “Tadawul” until the end of the second quarter of 2021.
It is noteworthy that the periodic housing bulletin issued by the Housing Data and Monitoring Center is concerned with the latest developments related to the housing and real estate finance sector in the Kingdom, in addition to providing data, statistics and information to those interested and specialized in the sector, relying on official sources from government agencies and related sectors.