‎Mortgages to individuals up 7% to SAR 5.7B in June

Source: Argaam - Main News
Source link: https://www.argaam.com/en/article/articledetail/id/1925164
Published: 2026-08-02 15:22:00
Discovered by ProcIntel: 2026-08-02 14:26:45
Category: GCC Spotlight
Geography: Saudi Arabia
Organisations: —
Review status: Pending
Record type: REAL

Summary

‎<img src="https://argaamplus.s3.amazonaws.com/95687697-10a5-41c6-9b9a-2f02debd30c3.png"> Saudi Arabian banknotes <hr> Residential mortgage lending by banks to individuals in Saudi Arabia rose 7% year on year (YoY) to SAR 5.7 billion in June 2026, according to data from the Saudi Central Bank (SAMA). On a monthly basis, residential mortgage financing grew by 30%, or SAR 1.33 billion. Banks signed about 8,800 residential mortgage contracts with individuals during the month. The average value of new residential mortgage loans declined 10% YoY to SAR 645,400. Residential villas accounted for the largest share of bank mortgage lending at SAR 3.63 billion, or 63.7% of the total in June. Apartments followed at SAR 1.73 billion, while land plots accounted for SAR 341 million. <table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="4" > New Residential Mortgages by Product Type (SAR mln)* </td> </tr> <tr > <td > Period </td> <td > Villas </td> <td > Apartments </td> <td > Lands </td> </tr> <tr > <td > January 2025 </td> <td > 6,638 </td> <td > 3,351 </td> <td > 475 </td> </tr> <tr > <td > February </td> <td > 5,573 </td> <td > 2,899 </td> <td > 436 </td> </tr> <tr > <td > March </td> <td > 5,186 </td> <td > 2,798 </td> <td > 415 </td> </tr> <tr > <td > April </td> <td > 3,930 </td> <td > 2,064 </td> <td > 304 </td> </tr> <tr > <td > May </td> <td > 4,992 </td> <td > 1,850 </td> <td > 534 </td> </tr> <tr > <td > June </td> <td > 3,259 </td> <td > 1,577 </td> <td > 482 </td> </tr> <tr > <td > July </td> <td > 4,114 </td> <td > 1,931 </td> <td > 371 </td> </tr> <tr > <td > August </td> <td > 3,741 </td> <td > 1,762 </td> <td > 357 </td> </tr> <tr > <td > September </td> <td > 3,692 </td> <td > 1,826 </td> <td > 303 </td> </tr> <tr > <td > October </td> <td > 3,668 </td> <td > 1,522 </td> <td > 357 </td> </tr> <tr > <td > November </td> <td > 2,872 </td> <td > 1,295 </td> <td > 297 </td> </tr> <tr > <td > December </td> <td > 3,774 </td> <td > 1,428 </td> <td > 346 </td> </tr> <tr > <td > January 2026 </td> <td > 4,079 </td> <td > 1,699 </td> <td > 411 </td> </tr> <tr > <td > February </td> <td > 3,425 </td> <td > 1,616 </td> <td > 330 </td> </tr> <tr > <td > March </td> <td > 2,614 </td> <td > 1,293 </td> <td > 280 </td> </tr> <tr > <td > April </td> <td > 4,190 </td> <td > 1,780 </td> <td > 356 </td> </tr> <tr > <td > May </td> <td > 2,761 </td> <td > 1,277 </td> <td > 335 </td> </tr> <tr > <td > June </td> <td > 3,631 </td> <td > 1,730 </td> <td > 341 </td> </tr> </tbody> </table> *Excluding interest New residential mortgage lending provided to individuals by financing companies rose by 53% to approximately SAR 259 million in June. Residential Mortgages to Individuals from Financing Firms (SAR mln)* <table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td > Period </td> <td > 2025 </td> <td > 2026 </td> <td > Change </td> </tr> <tr > <td > January </td> <td > 224 </td> <td > 176 </td> <td > (21%) </td> </tr> <tr > <td > February </td> <td > 198 </td> <td > 241 </td> <td > + 22% </td> </tr> <tr > <td > March </td> <td > 197 </td> <td > 168 </td> <td > (15%) </td> </tr> <tr > <td > April </td> <td > 214 </td> <td > 265 </td> <td > + 24% </td> </tr> <tr > <td > May </td> <td > 191 </td> <td > 188 </td> <td > (2%) </td> </tr> <tr > <td > June </td> <td > 169 </td> <td > 259 </td> <td > + 53% </td> </tr> <tr > <td > July </td> <td > 185 </td> <td > -- </td> <td > -- </td> </tr> <tr > <td > August </td> <td > 167 </td> <td > -- </td> <td > -- </td> </tr> <tr > <td > September </td> <td > 206 </td> <td > -- </td> <td > -- </td> </tr> <tr > <td > October </td> <td > 217 </td> <td > -- </td> <td > -- </td> </tr> <tr > <td > November </td> <td > 301 </td> <td > -- </td> <td > -- </td> </tr> <tr > <td > December </td> <td > 219 </td> <td > -- </td> <td > -- </td> </tr> </tbody> </table> *Excluding interest

Possibly the same underlying story as ‎SAMA’s assets rise SAR 29.5B to SAR 1.97T in June — flagged automatically for review, never merged automatically.

Procurement Relevance Gate

FAIL — score 7.0/100 — evaluated 2026-08-02 14:26:45

Only geographic exposure matched — no substantive content indicator, so this cannot pass alone.

geographic_exposure (weight 8) — matched on "1 linked geography"

Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.

‎Mortgages to individuals up 7% to SAR 5.7B in June

Summary

Procurement Relevance Gate

Initial Signal Assessment ⓘMore about Initial Signal AssessmentProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.