RIYADH  - Saudi home ownership is growing between 6 and 7 percent annually, housing minister Majed al-Hogail said on Wednesday.

He said he hopes to raise home ownership to 15,000 new households per month by 2020, from a little over 10,000 per month now.

(Reporting by Marwa Rashad, Writing by Nafisa Eltahir, Editing by Andrew Heavens) ((Nafisa.Eltahir@thomsonreuters.com;))