التمويل العقاري المقدم من البنوك للأفراد يتراجع 15.15 مليار ريال في 8 أشهر Real estate financing provided by banks to individuals declines by SAR 15.15 billion in eight months.
The value of new real estate financing for individuals in Saudi Arabia declined to 43.89 billion riyals during the period from January to August 2026, compared to 59.04 billion riyals in the same period in 2025, a decrease of 25.66%.
The value of new real estate financing provided to individuals in Saudi Arabia fell to SAR 43.89 billion between January and August 2026, compared with SAR 59.04 billion during the same period in 2025, representing a decline of 25.66%.
According to data from the Central Bank of Saudi Arabia, the number of new contracts decreased to 68,141 contracts, compared to 78,386 contracts, a decline of 13.07%.
According to data from the Saudi Central Bank, the number of new financing contracts decreased to 68,141, compared with 78,386 contracts, marking a decline of 13.07%.
The average value of the housing finance contract also decreased to 644,047 riyals, compared to 753,177 riyals, a decrease of 14.49%.
The average value of a residential financing contract also fell to SAR 644,047, down from SAR 753,177, representing a decrease of 14.49%.
March recorded the largest annual decline in the value of financing by 50.12%, reaching 4.19 billion riyals, compared to 8.40 billion riyals.
March recorded the largest year-on-year decline in financing value, falling by 50.12% to SAR 4.19 billion, compared with SAR 8.40 billion.
Financing also declined in January by 40.82%, in May by 40.79%, and in February by 39.73%.
Financing also declined by 40.82% in January, 40.79% in May, and 39.73% in February.
In contrast, financing recorded a slight increase in April and June, and was almost stable in August at 5.87 billion riyals.
By contrast, financing recorded slight increases in April and June, while remaining relatively stable in August at SAR 5.87 billion.
At the contract level, March recorded the largest decline of 42.42%, affected by the decrease in the number of financing operations.
In terms of contracts, March recorded the steepest decline, at 42.42%, driven by a decrease in the number of financing transactions.
Recent months have witnessed an improvement in the number of contracts, with an increase in June by 19.31%, and in July by 12.19%.
The number of contracts improved in the following months, increasing by 19.31% in June and 12.19% in July.
August recorded the highest annual growth in the number of contracts by 23.17%, reaching 9,807 contracts, compared to 7,962 contracts.
August recorded the highest year-on-year growth in the number of contracts, at 23.17%, reaching 9,807 contracts compared with 7,962 a year earlier.
Despite the increase in the number of contracts in August, the value of financing increased by only 0.17%, while the average contract value decreased by 18.75%.
Despite the increase in the number of contracts in August, the total value of financing rose by only 0.17%, alongside an 18.75% decline in the average contract value.
The average financing decreased in August to 598,042 riyals, compared to 736,055 riyals in the same month of the previous year.
The average financing amount in August fell to SAR 598,042, compared with SAR 736,055 in the same month of the previous year.
Over the course of the eight months, the average contract value lost about 109 thousand riyals, compared to the same period in 2025.
Over the eight-month period, the average contract value decreased by approximately SAR 109,000 compared with the corresponding period in 2025.
