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...
Authorities of Denaro Properties, a real estate investment and development company in Lagos, say they are defying challenges imposed on businesses by the biting impact of Nigeria’s economy and delivering value to Nigerians looking for homes to buy. The authorities...
InfraCredit has guaranteed N3 billion initial debt financing under a N12.5 billion debt programme for Modern Shelter Systems and Services Limited (Modern Shelter). It is for the development of 370 affordable housing units according to IFC’s green building standard (EDGE)...
The City of Raleigh’s Housing & Neighborhoods Department has announced the availability of funds under the City’s Rental Development Program for qualified developers to submit proposals for the new construction, acquisition, and/or rehabilitation of affordable multifamily rental units. Funds...
In a bid to provide affordable housing to prospective homebuyers in Enugu State, the Enugu State government has entered into a collaboration with two estate developers, Hymac Real Ltd, a subsidiary of Hyfield and Allied Associates Ltd and Toshel...
Preparations are in top gear towards the commissioning of NIDCOM's Diaspora Mortgage Housing Scheme in the UK, USA and Canada by February 2024.
Ahead of the launch, the Minister of Housing and Urban Development, Arch. Ahmed Musa Dangiwa has expressed...
Concerned about the staggering housing deficit staring Nigeria in the face, plans are underway by Peniel Investment and Development LLC, a US-based Nigerian real estate development and investment firm, to host a US-Nigeria Real Estate Collaboration Conference and Exhibition. With...
Owning a home is a significant milestone and a dream shared by many Nigerians. With the soaring real estate prices, achieving this dream can seem like an uphill battle. However, there is a powerful tool that can turn this...
The Nigerian housing market has experienced a significant surge of approximately 40% in both leasing and sales costs during the first half of 2023, as reported by The Guardian. In the backdrop of rising inflation and escalating interest rates,...
Amidst the pressing need to bridge the gap in housing affordability, experts and stakeholders are strongly advocating for a comprehensive overhaul of the country's mortgage system. This call to action emerged during a recent interactive media session organized by...
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