The volume of new residential real estate financing provided to individuals by banks in Saudi Arabia fell to about 5.55 billion riyals during October 2025, down by 32% compared to the same period in 2024, according to official data released by Saudi Central Bank.

The monthly statistical bulletin showed that the total financing also recorded a monthly decline of about 4.6% compared to September 2025, when it amounted to 5.82 billion riyals. The monthly statistical bulletin also showed that total financing also recorded a monthly decline of 4.6% compared to September 2025, when financing amounted to 5.82 billion riyals.

The monthly statistical bulletin also showed that total financing also recorded a monthly decline of 4.6% compared to September 2025, when financing amounted to 5.82 billion riyals.

During October 2025, the number of contracts between banks and individuals exceeded 8 thousand contracts, while the average value of financing decreased to 691 thousand riyals, down by 6% compared to October 2024.

Real Estate Finance Distribution

Central Bank data showed that the residential villas sector accounted for the largest share of total real estate financing with about 3.668 billion riyals, compared to 3.692 billion riyals in September 2025. Financing directed to residential apartments amounted to about 1.522 billion riyals, compared to 1.826 billion riyals in September. While the financing of residential land amounted to about 357 million riyals, up from 303 million riyals recorded in September 2025.

<On a year-on-year basis, total new residential mortgage financing for individuals recorded a sharp decline of 31.8%, with financing reaching SR5.548 billion in October 2025, compared to SR8.142 billion in October 2024. The decline included all products; villas financing fell from 4.828 billion riyals to 3.668 billion riyals, apartments financing fell from 2.855 billion riyals to 1.522 billion riyals, and land financing fell from 458 million riyals to 357 million riyals.

Residential Real Estate Finance Development

<Villa financing fluctuated throughout the year, reaching 6.638 billion riyals in January, falling to 5.573 billion riyals in February and 5.186 billion riyals in March, before falling further to 3.930 billion riyals in April. Funding rose to 4.992 billion riyals in May, then fell to 3.259 billion riyals in June, 4.114 billion in July, 3.741 billion in August, 3.692 billion riyals in September, and 3.668 billion riyals in October.

Financing rose to 4.992 billion riyals in May, then fell to 3.259 billion riyals in June. <For apartments, the year started with SR3.351 billion in January, then SR2.899 billion in February and SR2.798 billion in March. Financing fell to SR2.064 billion in April, SR1.850 billion in May, SR1.577 billion in June, SR1.931 billion in July, SR1.762 billion in August, SR1.826 billion in September, and SR1.522 billion in October.

For land financing, the year started with SR3.351 billion in January, SR2.899 billion in February, and SR2.798 billion in March. <Land financing amounted to SR475 million in January, SR436 million in February, SR415 million in March, SR304 million in April, SR534 million in May, and SR482 million in June. It recorded SAR 371 million in July, SAR 357 million in August, SAR 303 million in September, and SAR 357 million in October.