Egypt’s real estate market will witness a boom in sales in the second quarter (Q2) of 2021, due to high demand for units of various types.
The rebound in real estate sales is expected to be driven by several basic factors, the most important of which is the gradual decline in the third wave of the novel coronavirus (COVID-19) pandemic.
This comes particularly after the increase in the rate of vaccinations, and the return of real estate exhibitions. In addition to this, the summer season when Egyptian expatriates return to spend their annual vacations with their families in Egypt has begun.
This season is considered an opportunity to search for a safe haven in their home country for their savings.