How the real estate market in Cairo, Egypt has changed over the last decade

Over the past decade, the real estate market in Cairo, Egypt has undergone a dramatic transformation. In the early 2010s, the market was largely characterized by a lack of transparency and a lack of access to financing. This made it difficult for buyers to purchase property, and the market was largely stagnant.

However, in recent years, the market has seen a surge in activity. This is due in part to the introduction of new regulations and policies that have made it easier for buyers to access financing and purchase property. Additionally, the government has implemented measures to increase transparency in the market, making it easier for buyers to make informed decisions.

The increased activity in the market has also been driven by a growing population and a growing economy. As more people move to Cairo, the demand for housing has increased, driving up prices. Additionally, the economy has seen steady growth over the past decade, which has made it easier for buyers to access financing and purchase property.

Overall, the real estate market in Cairo has seen a dramatic transformation over the past decade. The introduction of new regulations and policies, combined with a growing population and economy, has made it easier for buyers to access financing and purchase property. This has led to an increase in activity in the market, and prices have risen as a result.