Tag Archives: Housing market

Caught in the middle of harsh economic realities, the nation’s real estate sector is witnessing a worrisome trend as construction cost increases, developers and investors continue to bow to market forces, thereby reducing the quality of housing deliveries. Construction materials alone constitute over 70 per cent of the cost of housing delivery, especially where low- income households are concerned and ...

With the increase in smart technology and artificial intelligence, going digital is becoming the ideal route to attain success as a business or organization, especially in the real estate industry. Over the last decade, the Nigerian real estate industry has experienced significant growth and has risen to become the 5th biggest contributor to the GDP of Africa’s largest economy. Most organizations, businesses, ...

Housing market- A decade’s worth of new hotel supply in Lagos is cause for concern for operators and authorities. Reports show that investors in hospitality development are now converting homes to hotels in many viable locations in the metropolis. They are targeting the huge population of their market. This growing investment has resulted to many residential buildings giving way for ...

Agency is described as a relationship existing between a principal and an agent, where an agent is given rights of authorization from the former to act on his behalf. Such relationship could be established when principals are convinced that the involvement of agents will produce more effective returns usually due to their vantage in training, commitment and knowledge in the ...

An analysis of the existing housing situation has revealed that there are several constraints facing the housing sector in Nigeria. These key constraints have been responsible for the imbalance in housing demand and supply. This article takes a critical look at the issues undermining the housing sector in Nigeria. There are many issues hindering socio-economic development in Nigeria, one of ...

Housing market activity in the UK was stronger across the board last month than at the same point last year, regardless of the general election, according to the latest research from valuers. There were 13% more property valuations conducted in April than a year ago, despite last month’s total dipping by 32% compared to March 2015, the data from Connells ...