Engineer Tarek Shoukry, Head of the Real Estate Development Chamber, announced that Egypt’s real estate market witnessed significant growth during the first half of 2025, recording a 40% increase in sales value compared to the same period last year, based on official data.
Shoukry emphasized that evaluating the market’s performance should not only be measured by the number of units sold, but also by the financial importance of total sales. He clarified that the current figures reflect market stability, stressing that claims about a market downturn are inaccurate.
He also pointed to a key challenge facing the real estate sector: the weak alignment between sellers and buyers. This situation, he explained, is mainly due to developers extending repayment periods over many years, which in turn raises unit prices because of deferred payment interest.
Shoukry highlighted the need for a thorough study to find solutions that balance buyers’ payment capabilities with ensuring the sustainability of real estate investment for developers.
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