Public RecordRecord
Saudi residential mortgage financing rises 8% to SR604 million in Q3 2026
Apartment financing reached SR310 million while land sector financing climbed to SR84 million in the quarter.
New residential mortgage financing provided by finance companies to individuals in Saudi Arabia reached SR604 million in the third quarter of 2026, an 8 percent increase from SR559 million in the same quarter of 2025, according to the Saudi Central Bank monthly statistical report published November 8, 2026.
Apartment financing leads sector growth#
Financing for apartments rose to SR310 million in Q3 2026 from SR295 million in Q3 2025, according to the bulletin. Villa sector financing stood at SR210 million compared to SR211 million in the year-earlier period. Land sector financing increased to SR84 million from SR53 million in the third quarter of 2025, the report stated.
Sequential quarter comparison shows decline#
The volume of new residential mortgage financing extended to individuals by finance companies declined 15 percent in Q3 2026 compared to the second quarter of the same year, falling to SR604 million from SR711 million in Q2 2026. Villa sector financing totaled SR210 million in Q3 2026, down from SR269 million in Q2 2026, while apartment financing reached SR310 million compared to SR332 million in the prior quarter. Land sector financing stood at SR84 million, down from SR111 million in Q2 2026, the Saudi Central Bank data showed.
First quarter comparison and year-end figures#
New residential mortgage financing for individuals increased 3.2 percent in Q3 2026 compared to the first quarter of the year, rising to SR604 million from SR585 million. Villa sector financing amounted to SR210 million in Q3 2026 versus SR249 million in Q1 2026, while apartment financing climbed to SR310 million from SR279 million. Land sector financing rose to SR84 million compared to SR57 million in the first quarter, according to the report. Comparing Q3 2026 to Q4 2025, villa sector financing stood at SR210 million versus SR284 million, apartment financing reached SR310 million down from SR353 million, and land sector financing totaled SR84 million compared to SR100 million in the fourth quarter of 2025.
Sources1 source across 1 domain
- saudigazette.com.saSaudi GazetteResidential mortgage financing volume, sector breakdowns, and quarterly comparisons for Q3 2026
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