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المشهد العربي
Saudi Arabia sees drop in home deals Q1
The residential real estate market in Saudi Arabia experienced a sharp contraction during the first quarter of 2026. Transactions decreased by 50%, reaching approximately 29,500 deals. The total value of traded properties declined by 57%, amounting to 22 billion Riyals. Reports indicated that Riyadh saw a record-breaking decline in both the volume and value of transactions, dropping by 82%. Meanwhile, residential unit prices remained relatively stable, with increases of 6.3% for apartments and 4.9% for villas on an annual basis. Contributing factors included a decline in purchasing power, regional tensions, and a reduced demand for mortgage loans.
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