Global Home Price Annual Growth Averaged 7.3 Percent in Q1
Turkey Enjoys the World's Highest Annual Home Price Growth Rate According to Knight Frank, globally house prices rose at their fastest rate since Q4 2006. Knight Frank's latest…
Hong Kong’s Luxury Residential Market Begins Rebound in 2021
Luxury residential market sees best performance since second quarter of 2019 International property consultant JLL's latest Residential Sales Market Monitor report shows Hong Kong's luxury residential capital values saw…
Portugal Vacation Home Searches Rise as COVID Travel Rules Soon Ease in the U.K.
International property consultant Knight Frank is reporting that Portugal, along with Spanish and Greek islands, have been declared safe for UK residents to travel to by the Foreign and Commonwealth…
Eko Atlantic, Ikoyi, Lekki are some of the most profitable property locations
Photo Credit: Nigeria Property Centre/ Businessday It cost N502 million more to buy a real estate property in Eko Atlantic in April 2021 than at the beginning of…
Stakeholders explain why space designing is urgent for future livable cities
For reasons bothering on rising urbanization, congestion and public health, stakeholders in the Nigerian built environment say it is urgent today to start space designing space that will…
3 reasons now is time to push patient capital into real estate
For people with patient or idle capital, the time to invest in real estate is now when inflation is eroding values across board and the Covid-19 pandemic has upgraded…
Prime Residential Sales Reach 10-Year High in London in March
International property consultant Knight Frank is reporting March 2021 was one of the most active months in the UK property market for ten years and prime areas of London…
Hong Kong Commercial Property Investment Spikes 23 Percent in 2021
Retail, Industrial properties remain key investment focus in Q2 According to new research by JLL, total investment volumes in Hong Kong for commercial properties worth over HKD 20 million increased…
United Kingdom’s Top 10 Housing Stats During COVID Outbreak Revealed
It has been a year since the first UK national lockdown. However, according to property consultant Knight Frank, it has been significantly shaped by the events of the last…
Commercial Real Estate Investors Increasing Risk Appetite in 2021
Life science labs, medical offices and single-family rentals are the most popular targets According to new data by CBRE's latest Americas Investor Intentions Survey, commercial real estate investors in the…
Estate surveyors charge new fellows on ethical standards, public good
As part of efforts to strengthen the practice, members of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) have been urged to adopt the highest ethical standards in their…
House price, rent soar despite govt’s schemes
Despite numerous intervention programmes or schemes initiated by the government in the housing sector, house price and rent remain high, making the country rank among the most expensive housing markets…
Builders seek enforcement of standards in construction industry
Professional builders under the aegis of Nigerian Institute of Building (NIOB) have implored all stakeholders to shun sharp practices and adhere to standard of construction. Speaking with journalists in…
LASRERA seeks professionals’ support to curb unethical practices
Lagos authorities have appealed to practitioners to join hands with government to eliminate unethical practices in the real estate industry. The government also want them to ensure that…
Housing supply in Lagos mainland declines as millennials opt for smaller apartments
The number of property developers starting construction in the Lagos mainland have tumbled by 80 per cent, following a major shift in Nigeria’s residential demand by the young professionals.The shift…
Land Use Act, Politics Threaten FG N200bn Social Housing Project
Housing industry experts have pointed out that the Land Use Act, politicking, and individual interests are potential threats to the Federal Government’s ambitious plan to deliver 300,000 housing units…
U.S. Housing Market Predicted to be Even Hotter in 2021
Homebuyer demand is up 60 percent over this time last year, with 13% fewer listings According to U.S. property broker Redfin, the extreme pandemic-driven seller's market is intensifying and…
Housing an Economic Bright Spot of America’s 2021 Economy
But Regulatory Affordability Challenges Still Persist According to top economists speaking at an online press conference in conjunction with IBSx, the 2021 virtual International Builders' Show this week reported…
More home owners on the way as FMBN gives out N30.5bn housing loans in 2020
Picture Credit: ThisDay Newspaper. …over 16,000 home owners benefit from bank’s N13bn renovation loan There is expectation that, starting from this New Year, more Nigerians will be leaving the…
NMRC’s N10bn bond raises hope for liquidity in primary mortgage market
Hope is in the horizon for liquidity in the primary mortgage market in Nigeria as the Nigerian Mortgage Refinance Company Plc (NMRC), on Friday at the FMDQ Securities Exchange,…