Morocco’s property market remains weak
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Morocco’s property market continues to slow, with property prices rising only a little. Also, property transactions remain depressed.
During 2015, the nationwide residential real estate price index (REPI) rose by 0.9% from the previous year, according to Bank Al-Maghrib, Morocco’s central bank. On a quarterly basis, residential property prices increased 0.7% in Q4 2015. The REPI was developed in 2010 by the Bank Al-Maghrib, in cooperation with the Land Registry Office. The REPI contains detailed information on all formal property transactions in Morocco.
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