The Cairo Real Estate Market – Q2 2020
Read our Cairo Real Estate Market – Q2 2020 report for an overview of the office, residential, retail and hospitality sectors in the city.
Cairo’s real estate market remained stable in quarter two despite challenging global economic conditions.
The residential sector saw the completion of one project in Q2 2020, bringing the total stock to 159,000 units. In order to attract new developers and investors in the long term, the Central Bank of Egypt (CBE) has reduced interest rates by 3%, the lowest rate since 2016, with the aim to support and finance projects through bank loans rather than relying on off-plan sales.
Read our Q2 2020 Cairo Real Estate Market report to find out more.