Al-Rajhi: Real estate market stabilizes
The results of the Saudi real estate market in the second quarter of 2026 indicate that the sector is entering a healthy equilibrium phase, after years of excessive activity. The commercial sector saw a 16% annual increase in transaction values, with a strong 56% growth in transaction values in Riyadh, reflecting investor confidence and the ongoing attractiveness of the market for value-added investments. The decline in the residential and land sectors represents a natural correction aimed at enhancing sustainability and achieving a greater balance between supply and demand. Positive indicators are evident in Jeddah, along with an improving market performance driven by ongoing major projects and the expansion of housing programs in line with Saudi Arabia's Vision 2030.
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