Real estate sales are expected to increase this year, while prices are not expected to increase. Explanations, with Zineb Bouayad, general manager of the real estate brokerage site Mubawab Maroc.
The real estate market, which had regained some dynamism in 2023, should remain on its upward trend this year in terms of sales, but prices should not increase or decrease. This is what emerges from the analysis of Zineb Bouayad, general manager of the real estate intermediation site Mubawab Maroc, interviewed by Le360.
Our interlocutor attributes the increase in the volume of transactions to the continuity of the "Morocco brand" effect, which was strengthened by the recognition of the Moroccan Sahara by the United States, the fine performance of the Atlas Lions at the World Cup in Qatar, and then by the announcement of the joint organization of the 2030 World Cup.
This will "attract international investors, but also boost the confidence of Moroccans internally." More concretely, the real estate market will also benefit from the housing assistance set up by the government, which will allow more households to acquire real estate.
The real estate market, which had regained some dynamism in 2023, should remain on its upward trend this year in terms of sales, but prices should not increase or decrease. This is what emerges from the analysis of Zineb Bouayad, general manager of the real estate intermediation site Mubawab Maroc, interviewed by Le360.
Our interlocutor attributes the increase in the volume of transactions to the continuity of the "Morocco brand" effect, which was strengthened by the recognition of the Moroccan Sahara by the United States, the fine performance of the Atlas Lions at the World Cup in Qatar, and then by the announcement of the joint organization of the 2030 World Cup.
This will "attract international investors, but also boost the confidence of Moroccans internally." More concretely, the real estate market will also benefit from the housing assistance set up by the government, which will allow more households to acquire real estate.
Source: By Lahcen Oudoud
03/25/2024 at 2:59 p.m.
