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Saudi Families Get First Homes in H1 2026
In the first half of 2026, more than 63,000 Saudi families became homeowners of their first residences, reflecting ongoing efforts to promote family ownership and provide a variety of housing solutions. During this period, approximately 48,631 families benefited from housing support services. Since the launch of the "Sakani" program in 2017, supported housing contracts have exceeded 1.046 million, offering options that include ready-made units, under-construction projects, self-build opportunities, and land plots. These initiatives aim to increase the homeownership rate to 70%, in line with Saudi Arabia's Vision 2030. By the end of 2025, the homeownership rate among families reached 66.24%, demonstrating progress in the housing sector's efforts to achieve sustainability and improve quality of life.
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