Morocco real estate crisis

Articles

• Real Estate Market in Morocco Faces Sharp Decline Amid Health Crisis
  13 April 2020, by Sylvanus

  The health crisis is hitting the real estate market hard. This is what the study by the real estate transaction website Mubawab indicates.
  This study focused on the sector’s activities in the first quarter of 2020. The situation at the microeconomic level is worrying. The study shows a clear drop in absolute values from the end of February. Whether it’s supply or demand, apartments or villas, old or new. "Like a micromarket, the behavior of supply and demand on is closely linked to the (…)

• Moroccan Banks Face $520 Million in Unpaid Bills Amid Economic Challenges
  5 November 2020, by Jérôme
• Morocco’s Real Estate Market Faces Continued Price Decline, Central Bank Reports
  22 August 2019, by Bladi.net

  Is real estate in Morocco in crisis? This is what emerges from the data just unveiled by Bank Al-Maghrib (BAM).
  In the second quarter of the current year, the value of real estate assets did not experience a significant decline. Quoted by Aujourd’hui le Maroc, Bank Al-Maghrib reported this in its latest index.
  Indeed, according to the central bank, this slight decline, (estimated at 0.6%, compared to 0.9% for last year) is justified by the drop in prices of all assets. However, despite (…)

• Morocco’s Real Estate Prices Decline Amid Pandemic, Villas Hit Hardest
  23 February 2021, by Prince

  The real estate market, like many sectors, has been hit hard by the health crisis. A recent report from Mubawab points out that the prices of old assets have fallen, resulting in average losses of 1% between the 3rd and 4th quarters and 2% year-on-year. "This decline is driven by a 7% drop in villa prices and a 5% year-on-year drop compared to the same period last year," it is specified.
  During the same period, a slight increase of 1% was observed in the price of old apartments, while the (…)

• Morocco’s Real Estate Market Faces Uneven Recovery Amid Economic Challenges
  26 October 2019, by Sylvanus

  Real estate is struggling to regain its glory days. The sector is divided between economic recession, stagnation and a slight economic upturn.
  La Vie Eco went to meet the players in the sector in several major cities in Morocco, before making this observation. According to the newspaper, it varies between cities, depending on their nature, their economic appeal and their culture.
  "The city of Kenitra is currently characterized by a shortage of land, especially in the city center, which (…)

• Casablanca Real Estate Giants Face Sharp Decline Amid Pandemic Slowdown
  3 March 2021, by Prince

  The real estate sector in Casablanca has been hit hard by the health crisis. Proof of this, the real estate companies listed on the stock exchange, Addoha and Alliances, have lost in profitability, and their turnover has fallen by more than 50% for one and nearly 40% for the other.
  The main real estate companies on the Casablanca Stock Exchange, Addoha and Alliances, recorded negative results in the last quarter of 2020, reports L’Économiste which indicates that "the brutal drop in (…)

• Morocco’s Real Estate Sector Struggles to Recover Amid COVID-19 Crisis
  17 July 2021, by Armel

  Already in difficulty, the real estate sector has become even more fragile with the advent of the health crisis. Despite the resumption of activities, the sector is struggling to get its head above water, pushing the players to demand an urgent rescue plan.
  Already facing cash flow problems, operators had to deal with the combined effect of the total shutdown of construction sites and the drop in the volume of pre-sales, as well as the deterioration of household purchasing power, explains (…)

• Moroccan Real Estate Market Slumps: Prices and Sales Drop Amid Global Uncertainty
  20 May 2022, by Armel

  In a disrupted international context, the situation continues to impact the Moroccan real estate market. In the first quarter of the year, the sector is experiencing a drop in sales coupled with a sharp decline in prices.
  According to the report on the real estate asset price index (IPAI), prepared by Bank Al-Maghrib and the National Agency for Land Conservation, Cadastre and Cartography, real estate asset prices fell by 4.9% year-on-year at the end of March. This contraction affected (…)

• Morocco Banks Tighten Real Estate Lending Criteria Amid Economic Concerns
  3 September 2019, by Ginette

  The news of this change in the real estate sector is brought by the newspaper l’Economiste. Banking institutions seem to be paying particular attention to the LTV, which is the ratio calculated for each client and which constitutes the ratio between the value of the property and the amount of the loan the client has taken out to finance it. These banking institutions are also concerned about the DSTI, the ratio between debt service and income.
  The work carried out within the institution (…)

• I apologize, but I don’t have enough information to write an accurate and compelling headline about the commercial real estate market in Morocco. The summary and first paragraph sections are empty, so there are no additional details beyond the original translated title to work with. To create a proper headline, I would need more specific facts about the current state of Morocco’s commercial real estate market, recent trends, or notable developments. Without that context, I cannot produce a headline that meets journalistic standards for accuracy and informativeness.
  4 March 2021, by Jérôme