2023-08-16 21:58:00
The real estate asset price index (IPAI) recorded virtual stagnation in the second quarter of 2023, year-on-year, indicate Bank Al-Maghrib (BAM) and the National Agency for Land Registry, Cadastre and Cartography ( ANFCCC).
This virtual stagnation reflects increases in the prices of land (0.9%) and goods for professional use (2.1%) and the fall in prices of residential goods (0.5%), specify BAM and ANCFCC in a note on the overall trend of the real estate market during the second quarter of 2023. As for the number of transactions, it marked a decline of 4.9%, covering drops of 4.7% for residential properties, of 6 .9% for land and 3.2% for goods for professional use, the note indicates.
By asset class, residential prices fell 0.5%, the result of a 0.4% drop in apartment prices and a 5.7% drop in villa prices and a 0.7% rise from those of the houses. As for transactions, their number fell by 4.7%, reflecting decreases of 4.8% for apartments and 5.9% for houses and an increase of 7.9% for villas. .
For their part, land prices appreciated by 0.9%, and the number of transactions fell by 6.9%.
With regard to goods for professional use, their prices increased by 2.1%, with an increase of 2.4% for commercial premises and 0.6% for offices.
Transactions, for their part, posted a decline of 3.2%, reflecting a 7.5% decrease in sales of commercial premises and a 21% increase in those of offices.
By city, BAM and the ANCFCC show that prices increased, quarter on quarter, in Marrakech by 0.7% and stagnated in Casablanca, while in Rabat and Tangier, they recorded respective decreases of 3.7% and 0.7%.
1692244403
#prices #stable #2nd #quarter