Saudi Real Estate Inflation Slows Slightly in Q3

2026-10-20 06:23 By Jereli Escobar 1 min. read

Saudi Arabia’s real estate price index rose 1.2% year-on-year in Q3 2026, easing slightly from 1.3% in the previous quarter and marking a second consecutive period of annual growth after two straight quarters of declines.

Residential property price growth moderated (2.3% vs. 2.6% in Q2), weighed down by declines in villa prices (-7.7% vs. -9.7%) while growth was recorded in residential plots (4.9% vs. 6.3%), and apartments (1.7% vs. 1.1%).

Agricultural land price growth also eased sharply to 3.9% from 11.3%.

Meanwhile, price declines in the commercial sector eased (-2.0% vs. -3.2%), with declines seen in commercial plots (-2.1% vs. -3.5%), buildings (-1.4% vs. -0.6%), and galleries or shops (-0.9% vs. 0.4%).

Regionally, property prices fell in Al Jouf (-2.8%), Jazan (-1.8%), and Aseer (-4.3%), while prices rose in the Northern Borders (12.0%).

On a quarterly basis, the real estate price index fell 1.2% in Q3, reversing a 3.0% rise in the previous quarter.



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Saudi Real Estate Inflation Slows Slightly in Q3
Saudi Arabia’s real estate price index rose 1.2% year-on-year in Q3 2026, easing slightly from 1.3% in the previous quarter and marking a second consecutive period of annual growth after two straight quarters of declines. Residential property price growth moderated (2.3% vs. 2.6% in Q2), weighed down by declines in villa prices (-7.7% vs. -9.7%) while growth was recorded in residential plots (4.9% vs. 6.3%), and apartments (1.7% vs. 1.1%). Agricultural land price growth also eased sharply to 3.9% from 11.3%. Meanwhile, price declines in the commercial sector eased (-2.0% vs. -3.2%), with declines seen in commercial plots (-2.1% vs. -3.5%), buildings (-1.4% vs. -0.6%), and galleries or shops (-0.9% vs. 0.4%). Regionally, property prices fell in Al Jouf (-2.8%), Jazan (-1.8%), and Aseer (-4.3%), while prices rose in the Northern Borders (12.0%). On a quarterly basis, the real estate price index fell 1.2% in Q3, reversing a 3.0% rise in the previous quarter.
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