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Saudi housing exceeds targets on World Housing Day
On October 5, 2026, the world celebrated the International Housing Day under the slogan "Decent Housing for All," aiming to highlight the right to adequate housing and to discuss policies and solutions for improving the availability of safe and sustainable homes. In Saudi Arabia, the percentage of homeownership among families rose from 47% to 66.24% by the end of 2025, surpassing the 2025 target of 65%, with a goal of reaching 70% by 2030. Data shows that approximately 4.5 million housing units are occupied, an increase of 118,000 since 2024, with a greater concentration in densely populated and economically active areas such as Riyadh and Mecca. The types of housing are also varied, with apartments leading at 46.8%, although villas accommodate a larger number of people. The development confirms that solutions include ownership, support programs, and developmental housing, with over 63,000 families settling into their first home during the first half of 2026. Additionally, the rental market has been improved through the "Ejar" platform, which has recorded more than one million residential and commercial contracts so far. Day by day, the housing sector in Saudi Arabia reflects comprehensive progress that enhances families' right to decent housing and positively impacts economic and social life.
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