After a 51% drop, buyers return to Marrakech

The Marrakech real estate market is starting up again. According to the new Real Estate Asset Price Index jointly published by Bank Al-Maghrib and the ANCFCC, the number of transactions increased by 18.3% between April and June 2026.

This recovery comes after the sharp slowdown recorded in Marrakech in the first quarter, when sales had fallen by 51.5%. The current rebound is therefore not enough to erase that decline: as a result of the two successive changes, the volume of transactions remains approximately 43% below its level at the end of 2025.

On Bladi.net : After a 40 % drop, property sales resume in Morocco

The residential sector is nevertheless showing signs of recovery. Its sales increased by 14.2% and its prices by 1.1%. Houses recorded the strongest increase in transactions, with a jump of 36.5%, accompanied by a 2.2% rise in prices.

Apartments are also selling more: transactions increased by 13.1% and prices by 0.7%. For villas, sales rose by 13.6%, while prices fell by 1.3%.

Land picks up again, offices slump

The recovery is even more pronounced in land. Sales of urban plots soared by 37.8% in three months, despite virtually stable prices, which edged down by 0.1%.

The commercial property market appears much more mixed. Transactions involving commercial premises increased by 27%, while their prices fell by 0.5%. Offices followed the exact opposite trajectory: their prices rose by 4%, but sales collapsed by 44.2%.

On Bladi.net : 76,000 DH per m² in Marrakech, and it may not be over yet

With an overall 18.3% increase in transactions, Marrakech performed better than the national average, which was limited to 11%. The recovery nevertheless remains incomplete after the historic decline in the first quarter. The new figures above all point to a gradual return of activity, without any real surge in prices across the market.