Despite challenges like inflation, poor infrastructure, and a weak economy, experts say that Nigeria's real estate market will have many chances for growth in 2025 and beyond.
At a real estate meeting in Lagos, experts shared that there will still be many opportunities for investors in the future. They think more people will invest to protect their money from inflation.
Stay informed with the latest news. Follow DXB News Network on WhatsApp Channel
Demand for homes is high because the population is growing, and there is also more interest in office spaces in cities like Lagos and Abuja. The experts predict that Nigeria's housing market will reach $1.9 trillion by 2024, and grow even more, reaching $3.02 trillion by 2028.
However, there are problems like rising prices and a struggling economy. Experts suggest focusing on building affordable homes and using technology to solve these issues.
They also said that some problems in the real estate market need fixing, such as fake property developers and buildings that are not built well. They pointed out that in 2022, 61 buildings collapsed in Nigeria. To improve, they said Nigeria should use fewer imported materials for building and improve existing housing programs.
To help the market grow, the experts want the government to fund housing projects, support the economy, and improve infrastructure. They also believe more mortgage companies would help people buy homes.
#trending #latest #NigeriaRealEstate #HousingGrowth #RealEstateOpportunities #NigeriaEconomy #PropertyInvestment #AffordableHousing #InfrastructureChallenges #RealEstate2025 #UrbanGrowth #HousingDemand #MarketGrowth #NigeriaInvestment #AffordableHomes #EconomicGrowth #CommercialProperties #RealEstateDevelopment #headlines #topstories #globalUpdate #dxbnewsnetwork #dxbnews #dxbdnn #dxbnewsnetworkdnn #bestnewschanneldubai #bestnewschannelUAE #bestnewschannelabudhabi #bestnewschannelajman #bestnewschannelofdubai #popularnewschanneldubai
How economic diversification in the UAE is opening up lucrative investment opportunities in sectors like technology, real estate, and renewable energy...Read More.
DLD Allows Private Property Owners on Sheikh Zayed Road & Al Jaddaf to Convert to Freehold for All Nationalities...Read More.
Joy Awards 2025: Top Red Carpet Looks from Christina Aguilera to Assala and Mila Alzahrani
Arab and Hollywood stars dazzled on the red carpet at Riyadh's Joy Awards on Saturday.
Trump Launches $TRUMP Meme Coin: Crypto Gold or Campaign Gimmick?
US President-elect Donald Trump has introduced his own cryptocurrency, quickly reaching a market cap
Busta Rhymes Charged with Third-Degree Assault After Punching Man
The victim was hospitalized with swelling on the left side of his face, police said.
Iyad Rimawi and Orchestra to Perform at Al Majaz Amphitheatre on Feb 8
Syrian composer Iyad Rimawi will perform his signature music at Al Majaz Amphitheatre on February 8,
Diallo's Hat-Trick Secures Man United's Victory Over Southampton
Amad Diallo's late hat-trick powers Man United to dramatic 3-1 win over Southampton
Economic Diversification in the UAE: Unlocking Investment Opportunities for the Future
How economic diversification in the UAE is opening up lucrative investment opportunities in sectors like technology, real estate, and renewable energy
DLD Allows Private Property Owners on Sheikh Zayed Road & Al Jaddaf to Convert to Freehold for All Nationalities
TikTok Shuts Down in the US, Users Lose Access Nationwide
CapCut, a ByteDance service, has also suspended its operations in the US
Ramadan 2025 in UAE: Key Timing Changes You Need to Know
Ramadan 2025 in UAE: Important Timing Changes You Need to Be Aware Of
Joy Awards 2025: Top Red Carpet Looks from Christina Aguilera to Assala and Mila Alzahrani
Arab and Hollywood stars dazzled on the red carpet at Riyadh's Joy Awards on Saturday.
Trump Launches $TRUMP Meme Coin: Crypto Gold or Campaign Gimmick?
US President-elect Donald Trump has introduced his own cryptocurrency, quickly reaching a market cap of billions.
70 Killed in Nigeria Following Fatal Petrol Tanker Explosion
The death toll has reached 70 so far," said Kumar Tsukwam, head of FRSC in Niger State, in a phone statement
Hamdan bin Mohammed approves 2024 Dubai Government Happiness Indices, Mystery Survey
Sheikh Hamdan bin Mohammed approves 2024 Dubai Government Customer & Employee Happiness Indices results.
Dubai Municipality Launches Second Hatta Farming Festival
Dubai Municipality launches the second Hatta Farming Festival under the ‘Dubai Farms’ programme.
Elite Male Cyclists to Compete in Dubai Ruler's Court Race on Sunday
Under Sheikh Mohammed's patronage, Dubai Ruler's Court Race for elite male cyclists starts 19 Jan
3001E, 30 Floor, Aspin Commercial Tower, Sheikh Zayed Road, Dubai, UAE
+971 52 602 2429
info@dxbnewsnetwork.com
© DNN. All Rights Reserved.
