At Corona times, Egypt’s real estate market remained stable despite global economic challenges.

The Corona Virus spreading has influenced the real estate industry in Egypt negatively, especially after limiting the sales activities for most of the companies. 

The crisis affected the saving of middle-class families and made many lose their jobs which in turn affected their savings and their properties, but despite all of this Egypt’s housing market is widely expected to rise strongly in value in coming years and construction is booming to meet demand.

 The reports state that the real estate market will not be very much affected as people still need to buy homes and they would be more encouraged to move on with their plans.

Also the existence of Egyptian capital Cairo, most sub-sectors remained stable during the first quarter with the office sector, particularly that recorded strong performance. 

So the market is stable & will continue to improve despite all the events & the effect of the Corona Virus.

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