Tunisian Real Estate Market: H1 2026 Review and Trends
7–9% price growth, stable but more selective transaction volume, growing market segmentation: the complete review of Tunisia's real estate market for the first half of 2026.
Tunisian Real Estate Market: H1 2026 Review and Trends
At the halfway point of 2026, Tunisia's real estate market confirms structural trends in place since 2022: continued price growth, tightening rental yields in premium zones, and shifting demand toward more affordable markets.
Price Movements: Persistent but Moderated Growth
Residential prices grew an average of 7–9% year-on-year in major Tunisian cities in H1 2026, according to local agency data and platform listings. Below the 2022–2023 peak (12–15%/year) but still well above general inflation.
| Zone | Price/m² change H1 2026 vs H1 2025 |
|---|---|
| Berges du Lac, Tunis | +6–8% |
| La Marsa / Gammarth | +7–9% |
| Ariana / Riadh Andalous | +8–10% |
| Sousse seafront | +6–8% |
| Monastir | +9–12% |
| Sfax residential | +5–7% |
Sources: local agency data, Mubawab/TunisiaPromo listings, H1 2026. Indicative.
Why Prices Keep Rising Despite High Rates
- Structural housing deficit: Annual new housing production below demand (FNPI estimates: ~100,000 units/year needed).
- Rising construction costs: Materials +30% since 2021, skilled labour shortage.
- General inflation: ~6.5% in 2025 (INS) prompts sellers to price in monetary erosion protection.
- Diaspora demand: TRE buyers using foreign currency (CPF) are less sensitive to local mortgage rates.
Transaction Volume: Stable but More Selective
Overall transaction volume edged down slightly in H1 2026 vs. H1 2025, as tighter credit conditions push some first-time buyers to peripheral markets or social housing programmes. But investors and diaspora buyers remain active, particularly in the 150,000–350,000 TND range.
Segment Trends
| Segment | Price range | Trend |
|---|---|---|
| Social/affordable | <2,000 TND/m² | Very high demand, insufficient supply |
| Standard residential | 1,500–2,500 TND/m² | Strong demand, short selling times |
| Premium residential | 3,000–5,000 TND/m² | Active but more negotiation (-5 to -10%) |
| Long-term rental | All zones | Rents up 8–12% in sought-after areas |
| Seasonal rental | Coastal zones | 2026 season strong, occupancy up |
H2 2026 Outlook
- BCT rates: No near-term cut signals; credit conditions stay tight.
- New-build deliveries: H2 2026 delivery peak may moderate price rises in affected zones.
- Dinar dynamics: Weak dinar makes foreign-currency (CPF) purchases even more competitive for diaspora buyers.
Updated: May 2026. Sources: INS (inflation 2025), BCT (2026 benchmark rate), FNPI, local agency data H1 2026.