UNLOCKING POTENTIAL IN NIGERIAN REAL ESTATE

Unlocking Potential In Nigerian Real Estate

Resilience and Growth in the Nigerian Real Estate Market

The Nigerian real estate market in 2024 has shown mixed trends, influenced by economic conditions, government policies, and market dynamics. Despite challenges, certain segments, such as residential and commercial properties in key cities, have shown resilience and growth. This report provides a comprehensive overview of the market trends, data analysis, and future outlook.

Key Highlights:

  • Economic Impact Analysis

  • Real Estate Investment and Future Outlook

  • GDP Growth: Estimated at 3.3% for 2024, driven by diversification efforts and a rebound in oil prices.

  • Inflation Rate: Around `34%, which affects construction costs and property prices.