Mortgage loans provided by commercial banks and financing companies in the Kingdom recorded an annual growth of 15% by the end of the first quarter of 2025, reaching 950.66 billion riyals, compared to 827.82 billion riyals in the same quarter of 2024, an increase of 122.84 billion riyals, according to the monthly statistical bulletin issued by the Saudi Central Bank for May 2025.
On a quarterly basis, total mortgage loans increased by 4.3%, compared to the end of the fourth quarter of 2024, which recorded 911.56 billion riyals, an increase of 39.11 billion riyals.
The data showed that mortgage loans directed to individuals accounted for the largest share of total loans, reaching 721.9 billion riyals, equivalent to 76% of total mortgage loans, while loans directed to companies amounted to 228.76 billion riyals, representing about 24%.
Commercial banks accounted for the largest share of total real estate financing at 97%, with a value of 922.2 billion riyals, while financing companies provided 3% of the total, with a value of 28.46 billion riyals.
