Hassanein: Average housing is the winning horse for the real estate marketVisits : 44

Hassanein: Average housing is the winning horse for the real estate market

Amjad Hassanein, Deputy Chairman of the Real Estate Development Chamber, confirmed that the medium housing is the winning horse for the real estate market during the coming period, and explained that the government has played a distinguished role in the implementation of social housing for low-income people, pointing out that the market has witnessed growth of about 10 to 20% this year Last year.

Hassanein added in a press statement that the Central Banks decision to cut interest rates has positive effects on the local economy in general, and it encourages citizens to search for sectors to invest their money, which benefits many other economic sectors.

He pointed out that the real estate market is characterized by the presence of real and strong demand based on strong foundations to maintain the vitality and work of this huge sector, pointing out that there is a constant annual demand for real estate in addition to the fixed deficit in the real estate market, which reflects the volume of demand in the market.

He added that citizens investing in the certificates of the Suez Canal, which expires to go to invest in various sectors, including the real estate sector, it is expected that there will be activity in the real estate market sales during the coming period.