Riyadh city
Knight Frank, the real estate consultancy, said activity in Saudi Arabia’s residential property market remained subdued in the second quarter of 2026, with transaction volumes and values below year-earlier levels. 
Affordability pressures and continued regional uncertainty weighed on purchasing decisions, it said.
A total of 45,700 residential transactions were recorded across the Kingdom in the second quarter, down 12% from a year earlier but up 9% from the first quarter, according to Knight Frank’s latest analysis.
The total value of residential transactions reached 41.9 billion riyals, down 25% year-on-year (YoY) but up 6% quarter on quarter (QoQ).
Riyadh city
Knight Frank, the real estate consultancy, said activity in Saudi Arabia’s residential property market remained subdued in the second quarter of 2026, with transaction volumes and values below year-earlier levels.
Affordability pressures and continued regional uncertainty weighed on purchasing decisions, it said.
A total of 45,700 residential transactions were recorded across the Kingdom in the second quarter, down 12% from a year earlier but up 9% from the first quarter, according to Knight Frank’s latest analysis.
The total value of residential transactions reached 41.9 billion riyals, down 25% year-on-year (YoY) but up 6% quarter on quarter (QoQ).
