This article was automatically translated from HIBAPRESS, the Arabic version:
Hibapress
According to the joint note published by Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC), the price of real estate asset price (IPAI) remained generally stable in annual shift in the first quarter 2025, while the volume of transactions recorded a net.
The total number of real estate transactions fell by 15.2 %, covering drops of 14.5 % for residential, 16.4 % for land and 18.2 % for goods for professional use.
In the residential segment, prices displayed a slight annual increase of 0.1 %, driven by an increase of 0.3 % for apartments. On the other hand, the prices of houses and villas recorded respective decreases of 0.1 % and 0.7 %.
Regarding land, the IPAI indicates a decline of 0.1 % in annual sliding, in a context of marked decline in the number of transactions (-16.4 %).
For goods for professional use, prices decreased by 0.3 %, the result of stagnation for commercial premises and a significant decline of 4.2 % for offices.
From a geographical point of view, prices remained almost stable in Rabat, while they fell in several other large cities: -1.8 % in Casablanca, -2.3 % in Marrakech and -2 % in Tangier.
These figures reflect a contrasting dynamic of the Moroccan real estate market, with a global stability of prices but a shortness of breath, especially in the segments of land and goods for professional use.
