_1777294237270_124456903.png&w=48&q=75){kind=small}
Real estate transactions drop 30%
The real estate market in the Kingdom experienced a noticeable decline in activity during May 2026. The number of residential transactions dropped to 17,006, representing a 21% decrease month-on-month and a 34% decrease year-on-year. Non-residential transactions declined to 1,938, down 24% monthly and 30% annually. The total value of transactions in the residential sector was approximately 14.14 billion riyals, down 22% from the previous month and 63% compared to the same period last year. Meanwhile, the value of non-residential transactions was about 8.47 billion riyals, decreasing by 25% month-on-month and 85% year-on-year. Riyadh region led in both the number of transactions, accounting for 28.38%, and their total value, representing 48.65% of the overall real estate sector value in the Kingdom.
Notice: This Is an AI-Generated Summary
Comments (0)