Market news

Published stories attached to the Market news category.

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Ghana’s Building Cost Inflation Drops to 2.2% in March

Construction cost pressures in Ghana are easing faster than expected. The latest data shows a continued slowdown that could reshape pricing across the real estate sector

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Housing Shortage Pushes South African Property Prices Higher

South Africa’s property market is being squeezed by one stubborn problem: not enough homes. Limited housing supply is now driving price pressure in key areas, even as affordability concerns continue to grow.

News

Nigeria’s Building Collapse Crisis Sparks Fresh Safety Alarm

Buildings are still collapsing across Nigeria, and industry experts say many deaths could have been avoided. Stakeholders are now warning that weak enforcement, poor materials, and rushed construction are pushing the country deeper into a housing safety crisis.

News

Rising Diesel Prices Are Driving Nigeria’s Housing Costs Even Higher

Nigeria’s housing crisis is now being worsened by soaring diesel prices. Developers say fuel costs are increasing everything from material transport to construction site operations.

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Lagos Landlords Defend Rising Rents as Housing Costs Spiral

Rent hikes across Lagos are pushing tenants to breaking point, but landlords say they are under pressure too. Developers and agents blame inflation, construction costs, and economic instability for the city’s worsening affordability crisis.

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Johannesburg’s Decline Is Driving Millionaires and Property Investment Away

South Africa’s richest city is losing wealthy residents as confidence in governance and infrastructure weakens. Property experts warn the fallout could hit home values and long-term investment sentiment.

News

Speculation and Migration Push Rents Higher Across Nigerian Cities

Rent prices are climbing rapidly across Nigeria’s biggest cities as urban migration intensifies housing demand. Analysts say speculation and investor-driven pricing are making affordable housing even harder to find.

News

Nigerian Lawmakers Launch Probe Into Soaring Building Material Prices

Cement prices in Nigeria have jumped as high as ₦12,000 per bag, intensifying the country’s housing crisis. Lawmakers now suspect possible market distortions and anti-competitive practices within the construction sector.

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Lagos Rental Fraud Pushes Desperate Tenants Into Costly Traps

Apartment hunters in Lagos are losing money to fake listings and fraudulent agents as rents spiral higher. The city’s worsening housing shortage is creating the perfect environment for rental scams to thrive.