Morocco’s real estate market is facing significant challenges, with existing home sales decreasing despite holding firm prices. New construction demand is being artificially maintained by government support, yet still struggles to align with affordability for households. The entire housing sector, encompassing both homeowners and developers, is experiencing substantial strain. Rising costs and widespread labor shortages are key contributing factors to the current instability. This pressure impacts the entire chain, making it difficult for both buyers and builders. The situation highlights a growing disconnect between market realities and economic accessibility within the Moroccan housing landscape. Further analysis suggests these issues will continue to impact the sector.