Real estate in Morocco: record demand in the face of collapsing supply

The Moroccan real estate market experienced mixed developments in 2024. While demand recorded a sharp increase, supply fell considerably, particularly in the apartment segment.

The Moroccan real estate market presented a worrying imbalance in 2024: supply became scarce, recording a significant contraction of 9.95%, while demand showed a notable increase of 15.46%. In detail, demand for apartments increased by 17.48%, compared to only 10.54% for villas. It reached record levels in May (9.3%) and August (9.4%) and stabilized at 8% at the end of the year. The same trend is observed for villas, with peaks in May (9.39%) and August (9.49%). Figures which show the seasonal nature of real estate purchases in the kingdom.