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HOW MOROCCO REAL ESTATE MARKET IS SLOWING DOWN DUE TO LACK OF DEMAND
Morocco’s real estate market is slowing down amid the ongoing financial shocks and plummeting demand. At the end of the fourth quarter of 2022, Morocco’s real estate index dropped by 0.7% compared to the previous quarter, according to a new report from Morocco’s central bank, Bank Al-Maghrib (BAM). The country’s real estate market has been taking a downward trajectory since 2017. The drop in the real estate index is primarily the cause of a 1.3% price decrease…
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