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Kingdom apartment sales drop 6%
Apartment sales in the Kingdom during the first eight months of 2026 totaled approximately 22,767 units, marking a 6% decrease compared to the same period in 2025, which recorded 24,118 units. The data shows a variation in demand, with sales of apartments measuring between 120 and 150 square meters increasing by 6%, reaching 6,552 units, and rising by 18% in August to reach 1,074 units. Conversely, sales of apartments larger than 150 square meters remained nearly steady at 10,879 units, with an 8% increase in August to 1,856 units. On the other hand, sales of apartments under 120 square meters declined by 5%, totaling 6,828 units. This variation is supported by government decisions related to registration fees, where apartments larger than 150 square meters were exempted from 50% of the registration fee, and those smaller than that received complete exemption.
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