Saudi real estate prices rise 1.2% in Q3 2026, driven by housing sector

Saudi Arabia’s real estate price index increased by 1.2% in the third quarter of 2026 compared to the same period last year, mainly driven by growth in the residential sector, according to data from the General Authority for Statistics.

The authority reported that the index reached 105.1 points in the third quarter of this year, up from 103.9 points in Q3 2025, using 2023 as the base year.

The data showed that residential property prices rose by 2.3%, making the sector the main contributor to the index’s movement, as it accounts for 72.7% of the index’s relative weight.

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The General Authority for Statistics adopted a new methodology for calculating the real estate price index starting from the third quarter of 2024, in cooperation with the Real Estate General Authority, the Ministry of Justice, and the Saudi Central Bank, with 2023 set as the base year for the index.