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Market news

Published stories attached to the Market news category.

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News

Why More Nigerians Are Choosing Long Leases Over Outright Property Ownership

Real estate expert Moshood Ajeniya says rising prices, rents and construction costs are pushing more middle-class Nigerians toward long-lease property ownership, which needs far less upfront capital than buying outright.

News

FNB Data Reveals Women Account for 51% of Repeat Home Buyers for the First Time in 10 Years

New FNB data shows repeat home buyers accounted for 51% of female home loan applications in 2025, the first time in a decade they have outnumbered first-time buyers among women.

News

Purple Real Estate pulls down NASD Index by 0.13%

Purple Real Estate Income Plc was the sole price decliner on the NASD Over-the-Counter Securities Exchange on Wednesday, pulling down the platform by 0.13 per cent.

News

HF half-year net profit hits Sh998m on lending

HFCB Plc Group, the Kenyan lender formerly known as Housing Finance, reported a 59.9 per cent rise in half-year profit after tax, driven by higher earnings from lending and other banking activities.

News

Decades-old row on Sh8b Karen land headed to Supreme Court

A long-running legal battle over a Sh8 billion parcel of prime land in Nairobi's Karen estate is set to move to the Supreme Court of Kenya.

Article

Diaspora purchasing power fails housing patronage test in Ghana

GREDA data shows about 70 percent of homebuyers in Ghana are indigenous Ghanaians, as diaspora wealth fails to absorb the country's expanding housing supply.

News

MREIF disburses over N140 billion in mortgages to 2,000 Nigerians

The MOFI Real Estate Investment Fund has disbursed more than N140 billion in mortgage financing to over 2,000 Nigerians since it began operations in March 2025.

News

Ghana's building cost inflation rises to 4% in July

Ghana's building cost inflation rose to 4.0% in July 2026, up from 3.1% in June, driven mainly by rising construction material prices and sharp increases in plant and equipment costs, new Ghana Statistical Service data shows.

Article

Lagos developers lament rising costs, warn buyers and tenants will pay more

Real estate developers, investment analysts and a quantity surveyor say rising land, material, labour and infrastructure costs are squeezing residential development in Lagos, with the higher costs increasingly passed on to buyers and tenants.