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Breaking Real Estate News

Kubwa gas explosion property safety 2026 Breaking Real Estate News · 3 weeks ago

Kubwa Gas Explosion Urban Safety Property Protection Nigeria 2026

A gas explosion at a cooking gas facility near Liberty Junction in Kubwa, Abuja, on Sunday, 27 September 2026, has once again… By Mercy
real estate GDP contribution Nigeria Q2 2026 Breaking Real Estate News · 3 weeks ago

Real Estate Ranks Third As Nigeria Economy Grows 4.43% Q2 2026

Nigeria’s economy expanded by 4.43% year-on-year in real terms in the second quarter of 2026, according to the latest Gross Domestic Product… By Mercy
Nigeria real estate growth CAGR 2029 Breaking Real Estate News · 1 month ago

Nigeria Real Estate Market to Lead Africa 6.9% CAGR Through 2029

Nigeria’s real estate market is projected to record the fastest growth among major African economies between 2025 and 2029, with a compound… By Mercy
Nigeria GDP Q2 2026 real estate Breaking Real Estate News · 2 months ago

Nigeria GDP Grows 4.43% Q2 2026 – Real Estate Construction Drivers

The National Bureau of Statistics (NBS) has reported that Nigeria’s Gross Domestic Product (GDP) grew by 4.43% year-on-year in real terms in… By Mercy
Victoria Island new homes 2026 Breaking Real Estate News · 2 months ago

Victoria Island 602 New Homes 2026 – Estate Intel Pipeline Report

Victoria Island is expected to deliver more than 602 residential units in 2026 as developers continue to expand housing supply in one… By Mercy
short-let boom housing supply Nigeria Breaking Real Estate News · 2 months ago

Short-Let Boom Puts Pressure on Long-Term Housing Supply Nigeria 2026

Nigeria’s growing short-let market is increasingly affecting the availability of housing for traditional long-term tenants. As more residential apartments in cities such… By Mercy
Lagos ₦6 trillion housing deficit Breaking Real Estate News · 2 months ago

Lagos Needs ₦6 Trillion Annually for 3.4m Housing Deficit

Lagos requires approximately ₦6 trillion in annual housing investment to bridge its estimated 3.4 million unit housing deficit, according to research presented… By Mercy
FG approves 600 duplexes military personnel Abuja Breaking Real Estate News · 2 months ago

FG Approves 600 Four-Bedroom Duplexes for Armed Forces in Abuja

The Federal Executive Council (FEC) has approved the direct purchase of 600 four-bedroom terrace duplexes at Bristol City Development in Life Camp,… By Mercy
tax burden real estate values Nigeria NIESV Breaking Real Estate News · 2 months ago

Tax Burden and Fiscal Policy Threaten Nigeria Real Estate Values – NIESV Warns

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has raised concerns that the growing tax burden and prevailing fiscal policies are… By Mercy
ghost estates Nigeria 2026 Breaking Real Estate News · 2 months ago

Ghost Estates in Nigeria 2026 – Why Buyers Are Losing Money

In August 2026, attention has returned to a persistent problem in Nigeria’s real estate market: ghost estates. These are residential schemes that… By Mercy
Lagos Island 2-bedroom rent 2026 Breaking Real Estate News · 2 months ago

Lagos Island 2-Bedroom Rent Hits ₦17.25m – August 2026 Update

The cost of renting on Lagos Island continues to climb sharply in 2026. Recent market reports indicate that annual rents for two-bedroom… By Mercy
diaspora mortgage scheme 6.5% 2026 Breaking Real Estate News · 6 months ago

Federal Government Diaspora Mortgage Scheme 6.5% Fixed Rate 2026

The Federal Government has officially launched an enhanced Diaspora Mortgage Scheme offering a 6.5% fixed interest rate for Nigerians living abroad in… By Mercy
Lagos 2026 Land Use Charge Breaking Real Estate News · 6 months ago

Lagos 2026 Land Use Charge LUC Bills Enforcement 2025 Defaulters 15% Early Discount

The Lagos State Government has commenced enforcement actions against 2025 Land Use Charge (LUC) defaulters at the same time as it rolls… By Mercy
Lagos 2026 Land Use Charge Breaking Real Estate News · 6 months ago

Lagos 2026 Land Use Charge LUC Bills 15% Early Payment Discount

The Lagos State Government has officially released the 2026 Land Use Charge (LUC) bills, urging property owners to take advantage of a… By Mercy
Lagos Ibadan rail extension land price surge 2026 Breaking Real Estate News · 7 months ago

Lagos Ibadan Rail Extension Abeokuta Land Price Surge 18–32% April 2026

Estate Intel’s latest corridor report for April 2026 confirms that land prices along the Lagos–Ibadan rail extension (Mowe–Ofada–Shimawa–Abeokuta) have risen 18–32% since… By Mercy
cement price surge Nigeria housing 2026 Breaking Real Estate News · 7 months ago

Cement Price Surge Stalls Affordable Housing Nigeria 2026 REDAN Alarm

Stakeholders in Nigeria’s housing sector, including the Real Estate Developers’ Association of Nigeria (REDAN) and the Centre for Housing and Sustainable Development… By Mercy
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