A high demand on buying properties was recorded in the Egyptian real estate market in October, marking a 4% monthly increase, according to statistics from AqarMap, Al Mal reported.

The real estate market is in a state of anticipation after the latest round of changes in Egyptian currency against the price of the dollar.

The dollar value is expected to continue influencing the real estate sector in November and December, whereby there is expected to be continued fluctuation in the market, even after the recent pound flotation.

The rates and statistics were released based on facts and information on the AqarMap search engine, which contains listings for over 100,000 properties, stated Al Bawaba news.