Egypt’s Real Estate Market Grows as Currency Depreciates ...Egypt

Amid soaring inflation and a depreciating currency, Egyptians are increasingly turning to real estate as a strategic hedge. With inflation peaking at 32.5 percent in April 2024, a slight dip from 33.3 percent in March 2024 but still alarmingly high, investors are seeking stable assets to preserve their wealth.  Real estate, traditionally seen as a reliable hedge against inflation, is witnessing a surge in activity as property values and rental incomes typically rise alongside inflation. The real estate market in Egypt is substantial and has been experiencing growth.  As of 2024, the Egyptian residential real estate market size is estimated at USD 20.02 billion (EGP 950 billion) and is expect

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