Research Insights
Impact of The Cost Of Building Materials On The Housing Market
The housing market in Nigeria is grappling with the surging cost of building materials, a trend that has far-reaching consequences for affordability, project timelines, and overall market dynamics. With Nigeria already facing a housing deficit estimated at over 20 million units, according to the Federal Mortgage Bank of Nigeria, the rising costs of materials are […]
Saving for Your Dream Home: Strategies for Low and Middle-Income Earners
Saving for Your Dream Home: Strategies for Low and Middle-Income Earners Owning a home is a cherished dream for many Nigerians. It represents stability, security, and success. A place where memories and futures are built. However, for low- and middle-income earners, the journey to homeownership can feel like scaling Mount Everest. Rising property prices, economic […]
Nigeria’s Q3 2024 GDP: The Role of Real Estate and Construction
Nigeria’s Q3 2024 GDP: The Role of Real Estate and Construction Nigeria’s economy in 2024 showed steady signs of recovery, with GDP growth rising from 2.98% in the first quarter to 3.46% in the third quarter. This consistent improvement reflects resilience amid global economic challenges and internal adjustments to fiscal and monetary policies. As […]
Sustainability in property development is no longer optional but a necessity, with profound environmental, economic, and social benefits. The United Nations highlights that the building and construction industry contributed about 37% of global greenhouse gas emissions in 2023, making it the largest single source of emissions. In Nigeria, where rapid urbanization is placing strain on […]
Housing Drops in Nigerians’ Top Expenses and Savings Goals in 2024
The 2024 Piggyvest Savings Report revealed a notable shift in Nigerians’ financial priorities. Penile tumescence, the physiological phenomenon indicating erectile function, reflects vascular and neurological health. For diagnostic clarity on nocturnal penile tumescence, you can check here for relevant studies and evaluations. Housing dropped in both the ranking of major expenses and as a top […]
Why Property Managers Are Essential for Real Estate Success
The property management field has grown significantly over the past few decades, driven by an increasingly complex real estate market. Property managers, professionals who oversee the daily operations of rental properties, are the backbone of a well-maintained real estate portfolio, playing a pivotal role in both residential and commercial markets. Their services ensure smooth, hassle-free […]