Therefore, the developers see that big jump in dollar value affected the cost of raw materials for the construction process. A recent study conducted by YouGov revealed that the trend of 48% of respondents wanted to invest in real estate after the pound’s flotation. At the same time, real estate prices during the first three months of the current year saw a monthly increase of 5%, recording a 15% increase during the total three months. ERA Commercial Real Estate Egypt is a full-fledged real estate firm, specialised in providing commercial and residential real estate services in Egypt. He pointed out that price increases by real estate companies and developers gave the opportunity for small companies to attract new customers and sell their projects in the same areas as large real estate companies and developers.

Source: Daily News Egypt May 16, 2017 10:07 UTC