The recovery of the sector remains dependent on several issues such as housing assistance that is still awaited, or the indecision of households who are postponing their purchase decision. Demand, already drained, will suffer further due to the rise in real estate rates, and the large listed real estate companies could experience a slight negative effect on their adjustable rate debts this...
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Here are five key points from the note by Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC) on the real estate asset price index (IPAI) and the overall trend of the real estate market in 2022: 1. The IPAI depreciated by 0.7% in 2022 compared to 2021, 2. Residential prices fell by 1.3%, while those of properties...
Real estate: “The sector is experiencing a complex situation and is struggling to get back on track”
2023 is shaping up to be a difficult year for both property developers and households. Amine Mernissi, a real estate expert, believes that the property development business is very land-intensive. Interview. Interview by C. Jaidani Finances News Hebdo: The figures for the real estate sector published recently are down. Is this cyclical or is it a new...
MAY 23, 2023 According to BAM and ANCFCC indicators, the increase in real estate transactions reflects an increase of 3% for residential properties and 3.5% for commercial properties as well as a stagnation for land. Real estate sales are recovering in the first quarter of the year. At the end of March 2023, transactions showed an increase of...
7,250 dirhams per month, this is the average price of a long-term rental apartment in Morocco in the second quarter, according to Mubawab's Tensiomètre locatif. This article is a press review from the daily Aujourd'hui le Maroc. From the cheapest to the most expensive, long-term rentals in the second quarter are deciphered by Mubawab in the new edition of its...
In light of the note by Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC) on real estate assets, there has been an improvement in the sector. Explanations. It is customary to say: "When construction is going well, everything is going well". This adage is very apt after the publication by Bank Al-Maghrib (BAM) and the National Agency for...
They fell by 22.5% compared to the second quarter of 2021 Real estate transactions show a sharp decline in the second quarter of the year. The overall market trend noted at the end of June by Bank Al-Maghrib and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC) shows a decrease of 22.5% in real estate transactions compared to the...
Professionals are raising awareness among public authorities about the draft law regulating the activity. Real estate agents are back on the charge regarding the regulation of their profession. This issue is more relevant than ever, given the prospects for recovery that are emerging for the real estate market. At the time of going to press, these ambitions are...
As part of the implementation of the framework law on tax reform aimed at the progressive application of the principle of taxation of the total income of individuals, it is proposed to reinstate the taxation of the annual total income of these individuals according to the rates of the progressive IR scale, with application of withholding tax. Thus, the obligation to file the...
The Board of Bank Al-Maghrib (BAM), meeting on December 20, decided to raise the key rate by 50 basis points (bps) to 2.50%. "To prevent any de-anchoring of inflation expectations and encourage the return of inflation to rates in line with the objective of price stability, the Board decided to raise the key rate by 50 basis points to 2.50%," explained BAM...