The real estate asset price index (IPAI) recorded an increase of 0.8% in the first quarter of 2024, year-on-year, indicate Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC).
\nThis increase reflects increases in residential prices (0.7%), land prices (1.2%) and the stagnation of prices for commercial properties compared to Q1-2023, BAM and ANCFCC specify in a note on the overall trend of the real estate market during the first quarter of 2024.<\/p>\n
As for the number of transactions, it marked a decline of 3.1%, covering decreases of 3.1% for residential properties and 14.8% for commercial properties. Sales of land, on the other hand, increased by 3.6%, the note said.<\/p>\n
By asset category, residential prices increased by 0.7% compared to the same period last year, as a result of a 0.8% increase in apartment prices, a 0.1% increase in house prices and a 0.2% decrease in villa prices.<\/p>\n
As for transactions, they fell by 3.1%, with decreases of 2.2% for apartments, 13.7 % for houses and 21.6 % for villas. For their part, land prices appreciated by 1.2%, and the number of transactions increased by 3.6%.<\/p>\n
Regarding goods for professional use, their prices remained generally stable, with a decrease of 1.5 % for commercial premises and an increase of 6.5 % for offices.<\/p>\n
For their part, transactions fell by 14.8%, reflecting decreases of 16.3% in sales of commercial premises and 7.5% in those of offices.<\/p>\n
By city, BAM and ANCFCC highlight that prices increased quarter-on-quarter in Rabat and Casablanca by 1% and 0.4%, respectively. Prices stagnated in Tangier, while in Marrakech they decreased by 0.2%.
\nSOURCE: Morocco Diplomatic June 8, 2024.<\/p>","protected":false},"excerpt":{"rendered":"
The Real Estate Asset Price Index (IPAI) recorded a year-on-year increase of 0.8% in the first quarter of 2024, according to Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC). This increase reflects increases in residential prices (0.7%), land prices (1.2%) and the [\u2026]<\/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-37185","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/aykana.ma\/en\/wp-json\/wp\/v2\/posts\/37185"}],"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=37185"}],"version-history":[{"count":1,"href":"https:\/\/aykana.ma\/en\/wp-json\/wp\/v2\/posts\/37185\/revisions"}],"predecessor-version":[{"id":37188,"href":"https:\/\/aykana.ma\/en\/wp-json\/wp\/v2\/posts\/37185\/revisions\/37188"}],"wp:attachment":[{"href":"https:\/\/aykana.ma\/en\/wp-json\/wp\/v2\/media?parent=37185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aykana.ma\/en\/wp-json\/wp\/v2\/categories?post=37185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aykana.ma\/en\/wp-json\/wp\/v2\/tags?post=37185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}