Marrakech Real Estate: Prices Dip 0.3% as Transactions Surge 10.8% in Q2

Compared to the previous quarter, the index shows a 0.3% drop in prices. The overall number of transactions, on the other hand, increased by 10.8%, according to BAM in a publication tracing the overall trend of the real estate market.

In detail, land prices fell by 1.2% during the period. Residential property prices, on the other hand, remained stable, while those of professional-use assets increased by 6.2%.

As for transactions, those concerning residential properties increased by 14.9% in the second quarter of the year, professional-use properties by 9.2%, while land transactions fell by 4.9%.