Bank Al-Maghrib and the National Agency for Land Conservation, Cadastre, and Cartography reported that the real estate asset price index decreased year-on-year by 0.4 percent during the first quarter of 2026.
The bank and the agency explained in a recent note on the real estate asset price index and the overall market trend that this decrease reflects declines in residential property and land prices by 0.6 percent, and properties designated for professional use by 0.1 percent.
Transactions recorded a decrease of 9.3 percent, with declines of 10.7 percent for residential properties, 6.8 percent for land, and 3.6 percent for those designated for professional use.
According to the cities, prices in Rabat decreased by 4.7 percent, in Casablanca (down 2.7 percent), Marrakesh (down 1.5 percent), and Tangier (down 3.9 percent).
Transactions also declined in Rabat by 55.4 percent, Marrakesh (down 53.3 percent), Casablanca (down 37.8 percent), and Tangier (down 36.4 percent).
On a quarterly basis, the real estate asset price index recorded a decrease of 2.4 percent, reflecting declines in all categories, with a drop of 3 percent for residential properties and land, and 0.8 percent for properties designated for professional use.
At the same time, the number of transactions decreased by 40.2 percent compared to the fourth quarter of 2025, where sales dropped by 38.4 percent for residential properties, 45.9 percent for land, and 40.2 percent for those designated for professional use.
