Casablanca Real Estate Market Sees Mixed Trends: Prices Dip, Professional Properties Rise

The data indicates a 0.5% drop in the residential market and a slight 0.1% decrease in land. On the other hand, a significant increase of 2.9% was observed for properties for professional use.

At the same time, sales also showed an overall decline of 13.1%. This decline is particularly visible in residential property transactions (11.9%), land (6.5%), and even more so in the professional asset sector (22.7%).

The breakdown by type of property reveals significant disparities. Apartments saw a 0.5% drop in prices and an 11.2% decrease in transactions. For houses, the situation is more worrying with a 2.3% drop in prices and a 26.6% drop in transactions. Villas seem to be holding up better with a 3.0% increase in prices, despite a 21.9% reduction in sales.

In the commercial sector, commercial premises and offices have had opposing trajectories. The former experienced a slight 0.8% price increase but a significant 23.2% drop in sales. Offices, on the other hand, recorded a strong 10.1% price increase, accompanied nevertheless by a 21.2% drop in transactions.