Casablanca Real Estate: Apartment Prices Rise, Villa Sales Decline in Latest Market Report

In the metropolis, apartment prices have risen by 1%. The same upward trend is observed with regard to transactions, which have increased by 4.6%.

Regarding villas, it should be noted that prices in the economic capital have fallen by 1.3% while transactions have also fallen by 6.2%. The reasons for this drop were not explained by the Index.

On the side of houses, we note that prices have fallen by 2.1% while, at the same time, transactions have increased by 6.6% during the second quarter of this year, which suggests a preference of buyers for townhouses rather than villas whose prices have nevertheless slightly decreased.

For the segment relating to urban land, there has been a significant increase in prices, namely 8%, while, at the same time, transactions have fallen by 2%.

A slight increase of 0.2% is observed for commercial premises, according to the IPAI, while, during this time, at the level of transactions, there is a sharp drop of 16.2%, for the second quarter of the year.