The Egyptian real estate market has faced numerous economic challenges in 2022 that have negatively impacted sales. High inflation, currency depreciation, and interest rate hikes have reduced the purchasing power of both local and foreign buyers.
Invest-Gate reaches out to market leaders to discuss the business benefits from virtual sales, in an attempt to set out ways that imbibe technological advancements to bring about an evolution in the realty space, particularly in terms of revenue streams and sales volume.
How has the EGP flotation impacted the housing sector in terms of implementation costs? What kind of imprint do the latest whooping rises leave on both developers and contractors?
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