HIBAPRESS
The Directorate of Financial Studies and Forecasts reported that cement sales, the main indicator of activity in the construction sector, rose by 11.3% at the end of the first ten months of this year.
The Directorate explained in its latest circumstantial note that "during the first three quarters of this year (plus 4.5% in the first quarter, plus 15.4% in the second quarter, and plus 12.1% in the third quarter), cement sales began in the fourth quarter of this year with an increase of 16.4%". The same source attributed these positive trends to the strengthening of growth in almost all sales sectors, especially in ready-mix concrete (plus 36.4%), distribution (plus 7.4%), infrastructure (plus 28.6%), precast concrete (plus 17.4%), and construction (plus 13%). Regarding the financing of real estate transactions, real estate loans increased by 3.1% at the end of September 2025, reaching 318.3 billion dirhams, after an improvement of 1.8% a year earlier. This development covers an increase in outstanding housing loans by 3.1% at the end of the first nine months of 2025, compared to plus 1.5% in the previous year. As for outstanding real estate recovery loans, they recorded an increase of 4.5% during the same period.
