Over 63,000 Saudi Families Achieve Homeownership in Early 2026

Over 63,000 Saudi Families Achieve Homeownership in Early 2026

By Saudigazette • 89 days ago

Summary:

More than 63,000 Saudi families moved into their first homes in the first half of 2026, with 12,004 families relocating in June. The Ministry of Municipalities and Housing reported that 48,631 families accessed housing support services during this period. Since the Sakani program's launch in 2017, a total of 1,046,890 subsidized housing contracts have been signed. The program offers various housing solutions, including ready-built units and self-construction options. The homeownership rate among Saudi families reached 66.24% by the end of 2025, progressing towards the Vision 2030 target of 70%.

Source: Saudigazette

Author: Saudi Gazette

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