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Bank credit to Nigeria's real estate sector rose to N814.996 billion in the first quarter of 2026, but lending rates of 23 to 38 per cent are putting developers under severe repayment pressure.
Neighbourgood SA is converting the former Happy Rhino Hotel and Backpackers on Cape Town's Loop Street into 130 long-term rental units, the latest step in chief executive Murray Clark's urban regeneration drive.
Two REDAN leaders say Nigeria's housing deficit is the sector's clearest opportunity, while cost pressures, financing gaps and slow approvals remain the main obstacles.
A new ranking of Nigeria's top 10 property developers puts Mixta Nigeria first with 23,000 completed residential and retail units across nine projects.
A Panterra Real Estate Group report shows building material prices in Nigeria rose by as much as 440% between 2019 and 2026, with cement, iron rods and roofing sheets leading the surge and putting affordable housing further out of reach.
As Nigeria moves toward the 2027 general elections, housing must shift from the margins of political campaigns to the centre of the national conversation, requiring measurable and funded strategies on land, mortgages and building materials.
South Africa's hijacked and illegally occupied buildings expose a deep crisis of crime and housing, with Parliament hearing that only 20 of 1,285 properties identified under Operation Bring Back have been returned to the state.
The National Housing Fund has collected worker contributions for 34 years, yet the Federal Mortgage Bank of Nigeria books fewer than 500 mortgages a year against six million contributors and N120-N150 billion in annual inflows.
As Nigeria's housing ministry moves to license estate agents and developers under a new national framework, property professionals argue harmonisation with existing state and federal regulators matters more than adding another layer.