Morocco: Real estate emerges from stagnation with a spectacular rebound in transactions

After several quarters of stagnation, the national real estate market is showing significant signs of awakening. In the fourth quarter of 2025, transactions have strongly rebounded according to data published by Bank Al-Maghrib and the ANCFCC. The real estate asset price index (IPAI) increased by 0.2% compared to the previous quarter, confirming a phase of gradual stabilization.

The quarterly price increase concerns all segments, although moderately. Residential properties recorded a slight increase of 0.1%, land 0.4% and professional assets 0.3%. Over the whole of 2025, the trend remains just as limited with an overall annual increase of 0.6%.

Within the residential segment, developments remain differentiated according to the type of property. Villas show the most marked increase with a 3.2% increase over one quarter. Conversely, apartments only increase by 0.1% and houses by 0.5%, illustrating a market where prices are stabilizing after the rise in credit costs. Dynamics of sales and recovery of the real estate market in Morocco

The real dynamism lies in the volume of sales. Residential transactions increased by 15%, while land sales jumped by 25.4%. The professional segment recorded the strongest growth with 29.6%, driven by a spectacular increase of nearly 50% in office sales.

At the territorial level, the evolution varies according to the major agglomerations. In Casablanca, prices increased by 0.3% for an 11.5% increase in transactions. Marrakech shows a solid dynamic with a 28.8% increase in sales, while Tangier records the strongest price increase among the major cities with +0.9%.

Finally, the capital Rabat presents a more contrasting profile. Despite a 9.6% increase in transactions, the city experienced a slight decline in prices of 0.9%. This overall activity at the end of 2025 is a signal of improved demand, driven mainly by the residential segment, whose annual increase reaches 0.8%.