The Lagos State Chapter of the Nigerian Institute of Town Planners (NITP) has begun construction of its new office secretariat in Lagos, which is named after the pioneer chairman of the chapter, late Joseph Awogbemi. Christened NITP-Joseph Awogbemi House, the...
After nearly two years of hikes to the Bank of Canada’s benchmark interest rate, some forecasters are expecting the housing market correction will come to an end in 2024. But when that bottom hits, and how fiercely home sales and...
Housing experts have emphasised the need for bricklayers to embrace modern technologies, improve quality of constructions and guarantee quality assurance. Speaking at the 2023 edition of the Lagos State Bricklayers Association (LSBA) yearly general meeting (AGM) themed: “Traditional Masonry Techniques...
The Federal Government, through the Ministry of Housing and Urban Development, has proposed N4.1bn in the 2024 budget for upgrading slums in 24 locations across 18 states. Through the project, the government will provide the selected slums with water supply,...
Three persons – a 12-year-old girl, a woman and a man – have lost their lives to a building collapse along Herbert Macaulay Way, Ebute Metta, Lagos. It was learnt that the incident occurred around 9.30am on Friday. The woman was said...
There’s a housing affordability crisis, not only in Payson but throughout the US. One of the reasons — increased labor and material costs. The cost increase has developed over time. According to research, by 2020 the per square foot cost to...
A two-storey building with a penthouse has collapsed in the Ebute Metta area of Lagos. The building located along Herbert Macaulay Way in Ebute Metta collapsed around 9.30 am on Friday, December 22, 2023. Three persons are suspected to be trapped...
The Census Bureau says U.S. companies broke ground on a surprisingly high number of houses in November.
The agency says housing starts rose 9% from a year ago, primarily because of an 18% increase in starts on single-family houses.
Housing starts...
In response to the considerable drop in bank credit, coupled with shrinking equity funding, real estate developers have resorted to the capital market to raise funds for projects. The expectation is that this will lead to increased housing supply that...
GD Properties and Homes recently unveiled its latest development, a 22-unit estate, comprising semi-detached houses and terraces in Ogombo, Lagos with a view to transform the landscape of the area and provide the much-needed affordable housing solutions. Driven by passion...
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