Nonetheless, data collection and gathering is key in order to identify the number of real estate agents, the associations, and other key sectors.

Towards safeguarding the interests of real estate stakeholders and conforming with international best practices, stakeholders have agreed on the need to harmonise and sanitise the sector.

The Chairman, MWFL, Mr. Sonnie Ayere, said the company is fully operational, and willing to support PMBs with short-term money market instruments towards creating mortgages, which would be refinanced by NMRC.

With the high cost of loans and non-availability of long-term funds for real estate projects, developers have evolved new options to meet the needs of prospective homeowners.

Before looking at how to list rentals successfully on online marketplaces, let's look at how the rental market has changed over the past few years.

Technology has stepped into the limelight even more during Covid-19 and is a huge part of what helps keep things running smoothly regardless of outside circumstances.

Due to the construction boom in Abuja and the recent down turn in the economy, Abuja is the perfect place to hunt for such properties: here you will find a number of uncompleted buildings scattered across the city.

According to him, professionals in housing sector should come to a round table and discuss issues that could help the federal government weather the storm and suggest new policy as the recessed economy would affect everyone.

In Nigeria REITs are traded on the Nigerian Stock Exchange (NSE). Similar to stocks and shares, REITs can be purchased and sold through licensed stockbrokers. Union Homes, Skye Shelter Fund and UPDC Real Estate Investment Trust are the main REITs in operation in Nigeria.

Investing in real estate in Nigeria has always been an excellent way to make money. Owning property has been a sign of wealth and status for centuries. In recent years, real estate investing has become even more popular. Across the world in emerging markets like Nigeria, South Africa and Kenya: there are a variety of different opportunities to invest.