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...
In response to the economic decline, the Mortgage Banking Association of Nigeria (MBAN) has gained approval from the Central Bank of Nigeria (CBN) for a matching fund aimed at lowering lending interest rates. This innovative initiative, called the Mortgage Interest...
Babatunde Fashola, former Minister of Works and Housing, has thrown his weight behind the adoption of the rent-to-own scheme and also urged relevant stakeholders and government to take necessary steps to improve the scheme in order to boost efforts...
The relationship between homeowners and the developers of Renaissance Estate has soured as the sale and purchase deal has encountered difficulties. Renaissance Estate, located at Plot 96, Bimkol Close, GRA Phase 3, Port Harcourt, Rivers State, was developed by First...
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