Money and business

A decrease of 14.6%.. 5.8 billion riyals of housing loans for individuals


New residential real estate financing record for individuals provided by Banks"Home loans" 5.8 billion riyals last September, a decrease of 14.6%, compared to 6.8 billion riyals in the same month last year.

The monthly statistical bulletin issued by the Central Bank of Saudi Arabia showed "Sama"that Housing financing for individuals decreased by 0.7% on a monthly basis, last September, compared to 5.86 billion riyals in August 2025.

Villas account for 63.4%

Villas accounted for 63.4% of the total residential financing for individuals last September, recording 3.69 billion riyals, a decrease of 4.9%, compared to 3.8 billion riyals in the same month of 2024.

Housing financing for individuals provided by banks to the villa sector decreased by 1.3% on a monthly basis, compared to 3.7 billion riyals in August 2025.

Apartment Sector

According to the bulletin, the apartment sector accounted for 31.3% of residential financing for individuals in September, recording 1.8 billion riyals, a 28% decrease, compared to 2.5 billion riyals in Same month last year.

Residential financing for individuals provided by banks to the apartment sector increased by 3.6% on a monthly basis, compared to 1.7 billion riyals in August of last year.

Land financing

The land sector accounted for 5.2% of the total residential financing for individuals last September, recording 303 million riyals, compared to 397 million riyals in the same month last year, a decrease of 23.6% over On an annual basis.

Housing financing provided to individuals for the land sector last September decreased on a monthly basis by 15%, compared to 357 million riyals in August 2025.

The total number of residential financing contracts for individuals provided by banks last September was 7,998 contracts, compared to 9,321 contracts in the same month of last year, and 7,962 contracts in August of the current year.

Related Articles

Back to top button