According to PwC Middle East data, by 2030, Saudi Arabia's demand for new housing will reach 1.2 million units, bringing the housing stock to 4.96 million units. This significant growth in housing demand signals the enormous challenges facing the Saudi government in the housing sector, but also presents new opportunities for the country's economic and social development.

To achieve the Vision 2030, the Saudi government has initiated several housing plans, including the goal of increasing the homeownership rate to 70%. To support these housing plans, the government has taken a series of measures, including improving housing market governance, delivery, and financial mechanisms, as well as reducing the minimum down payment requirements for home purchases to encourage more families to buy their own homes. The implementation of these policies will have a profound impact on Saudi Arabia's housing market, potentially improving the living standards of its residents and enhancing social stability.

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Within the framework of the housing plan, Saudi Arabia has launched several iconic housing projects. For example, Roshn, supported by the Public Investment Fund, has launched multiple housing development projects in Riyadh, with projects like Sedra and Warefa gaining significant attention. Additionally, the National Housing Company (NHC) has signed dozens of development agreements to support housing construction in Riyadh and other regions. The implementation of these projects will help increase the number of housing units available for people to choose from, addressing Saudi society's housing issues.

In addition to the housing plan, Saudi Arabia's economic reforms have also earned praise and recognition from the international community. The International Monetary Fund (IMF) has commended Saudi Arabia's reform progress and upgraded the outlook for the Saudi banking system from stable to positive. Moody's also predicts that Saudi Arabia's economic outlook will continue to improve as the government undertakes structural reforms to diversify the economy. This indicates that Saudi Arabia is moving towards a more stable and prosperous future, bringing more opportunities and welfare to its citizens nationwide.