Real estate prices in Saudi Arabia dropped 1.6% year-on-year in Q1 2026, compared with a 0.7% fall in Q4 2025. This marked the second consecutive period of decline and the steepest pace since Q3 2019, as residential property prices continued to fall (-3.6% vs -2.2% in Q4), driven by lower prices for residential land (-3.9%), apartments (-1.1%), and villas (-6.1%). Moreover, commercial property prices eased (3.4% vs 3.6%), while the agricultural sector (4.3%) remained unchanged. Among administrative regions, Al-Baha (-9.2%), Hail (-8.0%), the Northern Borders (-5.6%), and Al-Qassim (-5.1%) recorded the steepest declines. In contrast, the Eastern Region (6.9%) posted the highest increase in real estate prices, followed by Najran (3.5%), Tabuk (1.5%), and Asir (1.1%). On a quarterly basis, real estate prices fell by 0.2% in Q1, easing from a 0.4% decline in the previous quarter. source: General Authority for Statistics, Saudi Arabia
House Price Index YoY in Saudi Arabia decreased to -1.60 percent in the first quarter of 2026 from -0.70 percent in the fourth quarter of 2025. House Price Index YoY in Saudi Arabia averaged 0.12 percent from 2015 until 2026, reaching an all time high of 16.50 percent in the second quarter of 2022 and a record low of -9.80 percent in the first quarter of 2017. This page includes a chart with historical data for Saudi Arabia House Price Index YoY. Saudi Arabia House Price Index YoY - values, historical data and charts - was last updated on May of 2026.
The Real Estate Price Index in Saudi Arabia measures the changes in the real estate prices in three main sectors: Residential Sector (65%, includes residential plots, residential buildings, villas, apartments and houses); Commercial Sector (31%, covers commercial plots, commercial buildings, galleries/shops, and malls) and Agricultural Sector (4%, the agrarian lands).
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
-1.60 |
-0.70 |
16.50 |
-9.80 |
2015 - 2026 |
percent |
Quarterly |
2023=100
|