Saudi Arabia readies for new conflict with Houthis
Egypt's housing sector is facing significant challenges related to rising land prices and declining implementation levels, leading to an unprecedented increase in property prices. The average price per square meter has reached around 30,000 Egyptian pounds in some areas, with real estate prices increasing by approximately 74% between 2018 and 2023. The government is aiming to facilitate financing procedures and provide affordable units, but the market faces obstacles such as soaring construction costs and a shortage of developed land. If effective measures are not taken to address these issues, property prices are expected to continue rising.
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