Real Estate: El Jadida and Oujda Soar, Fès and Agadir Stagnate
Beyond the major metropolises, the Moroccan real estate market is displaying contrasting faces in the third quarter of 2025. While El Jadida and Oujda are recording strong acceleration in activity, Fès and Agadir are evolving in relative calm, confirming a multi-speed market.
The surprise of the quarter comes from El Jadida. The Doukkala city is signing one of the most dynamic performances in the Kingdom, combining a rise in prices and a spectacular rebound in transactions. This vigorous recovery, however, masks strong disparities depending on the properties, with the segments evolving in a very heterogeneous manner. Conversely, Oujda presents an atypical profile of market correction: the capital of the Oriental region is seeing its prices decline, which has had the immediate effect of unblocking the sales volumes, which have increased sharply over the period.
Meknès and Kénitra are displaying robust health. The Ismaili city is benefiting from a "classic" growth where prices and transactions are progressing in tandem, driven by the dynamism of the land. Kénitra, for its part, is playing the card of stability: the absence of inflationary pressure on prices is favoring a smooth recovery in commercial activity.
Finally, Fès and Agadir bring up the rear with more timid developments. The Fez market remains stable, with no major variation in either values or volumes. In Agadir, the situation is more complex: while prices are slightly on the rise, the overall number of transactions is stagnating, concealing significant gaps between neighborhoods or types of properties that are performing and others that are lagging behind.
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