January 6, 2025 - 04:37
Despite a recent dip in the prices of some construction materials, including steel and cement, Egypt’s real estate market is expected to face a wave of price increases in 2025. Economic factors such as inflation, rising demand for housing, and ongoing development projects are contributing to this forecast. Real estate developers are predicting price hikes ranging from 10% to 30% as the market adjusts to these dynamics.
The demand for residential and commercial properties continues to grow, driven by a young population and urbanization trends. This increased demand is likely to outpace supply, further fueling the anticipated price increases. Additionally, developers are facing rising costs associated with labor and land, which are expected to be passed on to consumers.
As the Egyptian economy stabilizes and expands, the real estate sector remains a key area of investment. Stakeholders are closely monitoring these trends, preparing for a potentially significant shift in the market landscape in the coming years.
