Residential real estate in Morocco: prices are rising, but villa sales are exploding

The data from the Real Estate Asset Price Index (IPAI) confirms an overall recovery in activity. At the national level, prices have increased by 1.5%, a trend driven by apartments and houses. However, villas show a 0.8% drop in their value over the quarter. This price adjustment had an immediate effect on demand. Having become more affordable, these properties have seen their sales soar by more than 62% over a year, proving the market’s responsiveness to price opportunities.

Rabat is driving prices upwards

This national dynamic hides significant local disparities. The capital, Rabat, is recording the strongest increases, with houses whose value has jumped by 7% and apartments up by 3.6%. Casablanca and Marrakech are following a more moderate but still positive curve. In the economic metropolis, apartments have gained 1.4%, while the ochre city shows a 1% increase in this same segment. These figures depict a two-speed market, where the demand for urban housing remains strong, while the villa sector is regaining color thanks to a correction in its prices.