High Interest Rates Frustrate Delivery of Affordable Housing

Published in News
Friday, 30 October 2015 11:34
High interest rates charged by banks on mortgage and  real estate  have continued to hamper the delivery of affordable housing in the country, further compounding the nation’s housing deficit, estimated to be about 17 million units. Records show that interest rates charged by banks on real estate/construction, and mortgages ran...

In recognition of  the importance of housing in visioning and also the pivotal role it plays in economic development of any nation, stakeholders in   Nigeria's housing sector have canvassed the building of one million houses yearly to meet the Vision 2020 target....

Making A Case For Quality In Real Estate Development

Published in Editorial
Wednesday, 11 July 2012 08:38
In the light of rising housing deficit, developers – both private and public – in varying capacities are responding to this enigma ravaging the housing industry. Their responses are evidenced by various ongoing developments scattered across the country. Some projects tap into existing gaps in the real estate market while, others create new markets....