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الاقتصادية
Saudi apartment financing ends decline in June
Residential housing mortgage financing in Saudi Arabia increased by 7% year-over-year in June 2026, reaching 5.7 billion SAR, supported by growth in funding for villas and apartments. Villa financing grew annually by 7%, reaching 3.6 billion SAR, reflecting persistent demand. Meanwhile, apartment financing rose by 10%, totaling 1.7 billion SAR after 14 months of declines, indicating an improving demand and a shift in buyers' preferences. Conversely, land financing continued its decline, decreasing by 29% to 341 million SAR, as demand for land purchases remained weak.
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