Slowing Headwinds in Tunisian Real Estate Sector, Opportunities Elsewhere in the Maghreb
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Construction site in North Africa
Despite statements from industry officials that everything is moving on track, the Tunisian real estate sector is showing signs of considerable slowdown.
Although it is premature to speak of a collapse, the country’s housing sector is displaying signs of fatigue that many see a correlation with the global economic crisis, but we believe domestic supply and demand balance has shifted to the detriment of the supply side. If the slowing activity is proven to be a more resilient trend, it would mark the first time in 15 years that such phenomenon occurs. Continue here.
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