63,000 families buy first homes in H1
A report from the Ministry of Municipal and Rural Affairs and Housing revealed that over 63,000 Saudi families secured their first home during the first half of 2024, with more than 12,000 families registering in June alone. The total number of families benefiting from housing support since the beginning of the year has exceeded 48,000. Since the launch of the "Sakani" program in 2017 up to June 2026, more than one million housing contracts have been signed. The program aims to enhance homeownership opportunities, provide diverse housing options, and increase the homeownership rate to 66.24% by the end of 2025, as part of Saudi Vision 2030 to reach 70%.
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