“Real Estate Market Report: IPAI Appreciates and Transactions Increase in Q1 2023”

2023-05-20 09:47:55

The real estate asset price index (IPAI) appreciated in the first quarter of 2023 by 0.8%, year-on-year. The number of transactions marked an increase of 2.5%, covering increases of 3% for residential property and 3.5% for property for professional use and stagnation for land.

Residential prices fell by 0.1%, the result of a 0.5% fall in villa prices and stagnation in those of apartments and houses. Their transactions showed an increase of 3%, reflecting increases of 2.9% for apartments and 20.6% for villas and a decrease of 1% for houses.

The prices of goods for professional use increased by 3.7%, with an increase of 2.1% for commercial premises and 7.1% for offices. Transactions, for their part, showed an increase of 3.5%, reflecting an increase of 1.8% in sales of commercial premises and 12% in those of offices.

By city, prices increased, quarter-on-quarter, in Rabat and Marrakech by 5% and 0.7%, respectively, while in Casablanca and Tangier they recorded a decrease of 0.1% and 0. .7%, compared to the previous quarter.

1684600842
#Real #estate #Transactions #prices

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.