The real estate sector in Egypt is looking to build on its strong 2006 performance, with new regulations encouraging home ownership. The hoped-for result? As mortgage financing becomes increasingly available, economic growth is expected to help fuel a property boom. While some analysts have voiced doubts regarding a continuation of the Middle East’s real estate boom, pointing in part to the slowing of the market in the last months of 2006, such concerns don’t appear to be affecting Egypt. In part, the Egyptian real estate sector has not experienced the same frenzied activity as in the Gulf states, nor seen the same massive levels of investment. Growth has been somewhat more measured, but has increased over the past two years. Strong price gains in some areas, mainly around Cairo, have occurred. However, the high level of appreciation in some parts of the market does not presage an equally spectacular fall. According
