{"id":7486,"date":"2019-01-13T14:45:56","date_gmt":"2019-01-13T14:45:56","guid":{"rendered":"https:\/\/www.propertyfinder.eg\/blog\/?p=7486"},"modified":"2022-09-02T05:49:22","modified_gmt":"2022-09-02T05:49:22","slug":"2018-report-stats-on-supply-vs-demand-in-real-estate","status":"publish","type":"post","link":"https:\/\/www.propertyfinder.eg\/blog\/en\/2018-report-stats-on-supply-vs-demand-in-real-estate\/","title":{"rendered":"2018 Report: Stats on Supply Vs Demand in Real Estate"},"content":{"rendered":"\n

2018<\/strong> can be most described as the year of real estate in Egypt, it had been the sector that flourished the most with a variety of residential compounds and properties with diverse prices. However, for the real estate sector in Egypt is to prosper, we need to match between what the market needs and what we offer it.
<\/p>\n\n\n\n

To avoid a Gap between Supply and Demand in 2019<\/strong>, let\u2019s present the real estate numbers that would help you take informed decisions as a buyer or a seller. <\/p>\n\n\n\n

\"Supply<\/figure>\n\n\n\n

Supply Vs Demand on Every Property Type in 2018<\/strong>
<\/h2>\n\n\n\n

As the numbers show, unequal allocation between supply and demand occur on property types in 2018<\/strong>. <\/p>\n\n\n\n

While the demand on Apartments Vs other property types reaches 55.40%<\/strong>, the supply only covers 44.50%<\/strong> with more than 10%<\/strong> opportunity yet to be met. <\/p>\n\n\n\n

On the other hand, the demand for villas, chalets, townhouses and commercial units are less than the supply poured in the market; where the supply for villas exceeds the demand by 4.9% <\/strong>and the supply for commercial units exceeds the demand by 3.2%<\/strong>. <\/p>\n\n\n\n

In addition, the supply for both; townhouses and chalets exceeds the demand by 1.7%<\/strong>. <\/p>\n\n\n\n

This means that more apartments should be offered while less units for other property types should be established.
<\/p>\n\n\n\n

\"supply<\/figure>\n\n\n\n

Supply Vs Demand on Prices in 2018<\/strong>
<\/h2>\n\n\n\n

Most new residential projects are offering very high standards to buyers with world class services and high-end residential units but with prices that are too high for most of the social classes in Egypt. <\/p>\n\n\n\n

To avoid setting prices that are too high for buyers, it is important to know how much you can sell with each price range. <\/p>\n\n\n\n

The price range that people are most looking for is from 50,000 LE<\/strong> to 1,000,000 LE<\/strong> with 31.40%<\/strong> demand while only 18.20%<\/strong> of the units supplied are priced within this range. <\/p>\n\n\n\n

On the other hand, the supply is the highest for the price range more than 4,000,000 LE <\/strong>while demand for this price is only 15.6%<\/strong>. <\/p>\n\n\n\n

\"supply<\/figure>\n\n\n\n

Most Demanded Prices for Every Property Type in 2018<\/strong>
<\/h2>\n\n\n\n

To avoid offering too many units with an inaccurate allocation of prices, find out the prices that are most demanded from those looking for every property type against the prices offered for them.<\/p>\n\n\n\n

Supply Vs Demand on Prices of Apartments in 2018<\/strong><\/h3>\n\n\n\n

Demand is 3%<\/strong> higher than supply for the price range less than 50,000 LE<\/strong> or for the price range from 2,000,000 LE to 4,000,000 LE<\/strong>. It is also 4%<\/strong> higher for the price range from 1,000,000 LE to 2,000,000 LE<\/strong>. <\/p>\n\n\n\n

While the supply exceeds the demand by 10%<\/strong> for the price range more than 4,000,000, LE<\/strong>, the supply and demand are equal for the price range 50,000 LE to 1,000,000 LE<\/strong>.
<\/p>\n\n\n\n

\"supply<\/figure>\n\n\n\n

Supply Vs Demand on Prices of Villas in 2018<\/strong>
<\/h3>\n\n\n\n

When it comes to villas, the supply and demand for the price ranges less than 50,000 LE and 4,000,000 LE<\/strong> or above is somewhat equivalent with demand exceeding supply by only 2%<\/strong> for the former and supply exceeding demand by 2%<\/strong> for the latter. <\/p>\n\n\n\n

However, there is a deficit in the supply for the price range from 50,000 LE to 1,000,000 LE<\/strong> with 17%<\/strong> difference. On the other hand, supply exceeds demand by 5% for the price range from 1,000,000 to 2,000,000 LE<\/strong>. Moreover, it exceeds demand by 12%<\/strong> for the price range from 2,000,000 LE to 4,000,000 LE<\/strong>.
<\/p>\n\n\n\n

\"supply<\/figure>\n\n\n\n

Supply Vs Demand on Prices of Commercial Units in 2018<\/strong>
<\/h3>\n\n\n\n

As for the commercial units, the supply and demand is equivalent for the price range from 2,000,000 LE to 4,000,000 LE<\/strong> and is only 1%<\/strong> deficit for the price range from 1,000,000 LE to 2,000,000 LE<\/strong>. <\/p>\n\n\n\n

However, the gap is the hugest for the price range less than 50,000 LE<\/strong> with 7%<\/strong> surplus in demand and 5%<\/strong> deficit in supply for the price range 4,000,000 LE or above<\/strong>. In addition, Supply is 3%<\/strong> higher for the price range from 50,000 LE to 1,000,000 LE<\/strong>. <\/p>\n\n\n\n

\"supply<\/figure>\n","protected":false},"excerpt":{"rendered":"

2018 can be most described as the year of real estate in Egypt, it had been the sector that flourished …<\/p>\n","protected":false},"author":11,"featured_media":7487,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[65],"tags":[],"yoast_head":"\n2018 Report: Stats on Supply Vs Demand in Real Estate - Propertyfinder.eg<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertyfinder.eg\/blog\/en\/2018-report-stats-on-supply-vs-demand-in-real-estate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2018 Report: Stats on Supply Vs Demand in Real Estate - Propertyfinder.eg\" \/>\n<meta property=\"og:description\" content=\"2018 can be most described as the year of real estate in Egypt, it had been the sector that flourished …\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertyfinder.eg\/blog\/en\/2018-report-stats-on-supply-vs-demand-in-real-estate\/\" \/>\n<meta property=\"og:site_name\" content=\"Propertyfinder.eg\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-13T14:45:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-02T05:49:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.propertyfinder.eg\/blog\/wp-content\/uploads\/2019\/01\/1-supply-vs-demand.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"895\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"pfS\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.propertyfinder.eg\/blog\/#website\",\"url\":\"https:\/\/www.propertyfinder.eg\/blog\/\",\"name\":\"Propertyfinder.eg\",\"description\":\"Egypt's #1 property site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.propertyfinder.eg\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.propertyfinder.eg\/blog\/en\/2018-report-stats-on-supply-vs-demand-in-real-estate\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.propertyfinder.eg\/blog\/wp-content\/uploads\/2019\/01\/1-supply-vs-demand.jpg\",\"contentUrl\":\"https:\/\/www.propertyfinder.eg\/blog\/wp-content\/uploads\/2019\/01\/1-supply-vs-demand.jpg\",\"width\":895,\"height\":600,\"caption\":\"Supply Vs Demand in Egypt 2018\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.propertyfinder.eg\/blog\/en\/2018-report-stats-on-supply-vs-demand-in-real-estate\/#webpage\",\"url\":\"https:\/\/www.propertyfinder.eg\/blog\/en\/2018-report-stats-on-supply-vs-demand-in-real-estate\/\",\"name\":\"2018 Report: Stats on Supply Vs Demand in Real Estate - 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