51,072 Saudi families move into first homes in first five months of 2026

Summary:

In the first five months of 2026, over 51,000 Saudi families moved into their first homes, while an additional 38,471 received housing and financing support, as reported by the Ministry of Municipalities and Housing. The Sakani program, launched in 2017, has facilitated over 1 million housing contracts, significantly boosting homeownership rates to 66.24% by the end of 2025. The ministry highlighted the importance of collaboration between government, private sector, and financing institutions in enhancing housing supply and improving quality of life through integrated communities, aligning with Saudi Vision 2030’s goal of 70% homeownership.