{"id":37184,"date":"2024-09-06T21:47:47","date_gmt":"2024-09-06T21:47:47","guid":{"rendered":"https:\/\/aykana.ma\/?p=37184"},"modified":"2024-09-06T21:47:47","modified_gmt":"2024-09-06T21:47:47","slug":"marche-immobilier-les-transactions-dans-le-rouge-au-premier-trimestre","status":"publish","type":"post","link":"https:\/\/aykana.ma\/en\/marche-immobilier-les-transactions-dans-le-rouge-au-premier-trimestre\/","title":{"rendered":"Real estate market: Transactions in the red in the first quarter"},"content":{"rendered":"

Real estate sales contracted by 13.8% quarter-on-quarter and 3.1% year-on-year.<\/strong><\/span><\/p>\n

Decryption<\/span> : In their quarterly monitoring of the real estate market, Bank Al-Maghrib and the ANCFCC observe a mixed trend in the sector marked by a consistent drop in real estate transactions and a moderate increase in the prices of real estate assets in the first three months of the year.<\/strong><\/p>\n

The Moroccan real estate market is in decline in the first quarter of the year. This is evidenced by the findings of Bank Al-Maghrib and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC). The two institutions observe a mixed trend in the sector in their publication on the real estate asset price index.
\nThis is illustrated by a consistent decline in real estate transactions during the first three months of the year accompanied by a moderate increase in real estate asset prices. These differentiated developments reflect the slowdown in activity in the various real estate segments. In detail, real estate sales contracted by 13.8% quarter-on-quarter and by 3.1% year-on-year. The real estate asset price index, in parallel, posted a quarterly increase of 0.4%.<\/p>\n

It also increased by 0.8% compared to the same period of the previous year. By analyzing these developments, Bank Al-Maghrib and ANCFCC indicate that the quarterly decline in sales reflects a decline of 14.3% in sales of residential properties. This results from the decline of 13.9% in apartment transactions, 21.3% in house transactions and 18.5% in villa transactions.
\nLand transactions fell by 10.4% compared to 17% for commercial properties following a 19.9% drop in sales of commercial premises and a 1.6% drop in office properties. Year-on-year, the observed decline covers the 3.1% drop in sales of residential properties following a 2.2% drop for apartments, a 13.7% drop for houses and a 21.6% drop for villas. Sales of commercial properties fell by 14.8% compared to the same period last year. In this sense, there was a 16.3% drop in sales of commercial premises and a 7.5% drop in sales of offices.<\/p>\n

At the same time, land sales increased by 3.6% compared to the same period last year. As for real estate asset prices, the increase observed quarter-on-quarter is the result of a 0.2% increase in residential prices and a 2.6% increase in commercial property prices. Land prices, for their part, decreased by 0.1%. Year-on-year, residential prices increased by 0.7%. There was also a 1.2% increase in land prices at a time when commercial property prices stagnated compared to the same period last year. Regionally, real estate market trends show an 1% increase in asset prices in Rabat. This increase follows a 0.9% increase in residential property prices and a 9.8% increase in commercial property prices. Land prices, for their part, fell by 3.5%. In terms of sales, transactions fell by 18.2% in Rabat following a drop of 18.5% in sales of residential properties, 30.2% in land and an increase of 10.3% in assets for professional use.<\/p>\n

In Casablanca, real estate asset prices posted an increase of 0.4%. This breakdown results from the increase of 0.4% in residential prices and 4.5% in commercial property at a time when land prices fell by 4.9% in the metropolis. Sales fell by 23.2% following the decline of 25.3% in residential transactions, 7.5% in land and 19.5% in commercial property. In Marrakech, prices fell by 0.2% following the decline of 1.4% in land. At the same time, there was an increase of 0.3% in the prices of residential properties and 3.9% in assets for professional use. Real estate sales in the ochre city, for their part, fell by 28.4% following the drop of 32.4% in sales of residential properties, 16.5% in that of land and 16.5% in that of assets for professional use.<\/p>\n

The real estate trend in the city of Tangier shows a stagnation in asset prices. This is due to a 1.4% drop in land prices and a 5% drop in professional assets and a stagnation in residential. Sales recorded a 12.8% drop following declines of 14.7% for residential, 2.5% for land and 10.7% for professional assets.<\/p>\n

Source: www.aujourdhui.ma, article from JUNE 10, 2024.<\/em><\/p>","protected":false},"excerpt":{"rendered":"

Les ventes immobili\u00e8res se sont contract\u00e9es de 13,8% en glissement trimestriel et de 3,1% en glissement annuel. D\u00e9cryptage : Dans leur veille trimestrielle du march\u00e9 immobilier, Bank Al-Maghrib et l\u2019ANCFCC observent une tendance mitig\u00e9e du secteur marqu\u00e9e par une baisse consistante des transactions immobili\u00e8res et une hausse mod\u00e9r\u00e9e des prix des actifs immobiliers aux trois […]<\/p>","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[369],"tags":[],"class_list":["post-37184","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/aykana.ma\/en\/wp-json\/wp\/v2\/posts\/37184"}],"collection":[{"href":"https:\/\/aykana.ma\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aykana.ma\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aykana.ma\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/aykana.ma\/en\/wp-json\/wp\/v2\/comments?post=37184"}],"version-history":[{"count":1,"href":"https:\/\/aykana.ma\/en\/wp-json\/wp\/v2\/posts\/37184\/revisions"}],"predecessor-version":[{"id":37189,"href":"https:\/\/aykana.ma\/en\/wp-json\/wp\/v2\/posts\/37184\/revisions\/37189"}],"wp:attachment":[{"href":"https:\/\/aykana.ma\/en\/wp-json\/wp\/v2\/media?parent=37184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aykana.ma\/en\/wp-json\/wp\/v2\/categories?post=37184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aykana.ma\/en\/wp-json\/wp\/v2\/tags?post=37184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}