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Market news

Published stories attached to the Market news category.

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Page 19 of 27

News

Membley Emerges as a Major Residential Hub After Kahawa Sukari Spillover

Once a sparsely developed area on Nairobi’s outskirts, Membley has transformed into a thriving residential and commercial hub. Rising land values, improved roads and strong demand from homebuyers are driving the estate’s rapid expansion.

News

Veritasi Homes Executes ₦50 Billion Non-Interest Commercial Paper Programme to Drive Real Estate Expansion

Veritasi Homes & Properties Plc has formally executed a ₦50 billion Non-Interest Commercial Paper (CP) Programme. The ethical financing initiative will accelerate the delivery of residential communities across Nigeria while expanding the developer's presence in key markets.

News

Nairobi Housing Market Faces Mismatch as Buyers Move Beyond Apartments

Nairobi is facing a housing paradox: the city has a major housing shortage, yet apartment values are falling in several areas. An emerging shift toward larger homes, master-planned communities and better infrastructure is reshaping where buyers want to live.

News

Republic Bank Signs Three-Year Deal to Sponsor JoyNews Habitat Fair

Republic Bank Ghana has become the title sponsor of the JoyNews Habitat Fair under a new three-year partnership. The expanded initiative will connect prospective homeowners with mortgage providers, developers and other housing-sector professionals across Ghana.

News

Ikoyi Leads Surge in Lagos Island Rental Prices as Two-Bedroom Apartments Hit ₦17.25 Million Average

According to the Lagos Island Residential Market Report 2026, average annual rents for two-bedroom apartments across major Lagos Island corridors have surged dramatically between 2022 and 2026, driven by land scarcity, corporate demand, and limited inventory supply.

News

FMBN Fire: Minister Assures Customer Data and Mortgage Records Are Safe

Minister Ahmed Dangiwa reassures National Housing Fund contributors and mortgage customers that all records remain intact following a fire at the FMBN headquarters, with core systems backed up digitally.

News

Abuja Infrastructure Boom Pushes Rents Higher Across the FCT

New roads and urban upgrades are making parts of Abuja more attractive—and more expensive. As infrastructure unlocks new growth corridors, rising rents are adding pressure to an already stretched housing market.

News

Kyumbi Land Values Surge as Nairobi Commuters Move Toward Affordable Space

A former roadside truck stop is becoming one of the fastest-rising property markets on Nairobi’s eastern edge. Kyumbi’s strategic highway location, improving connectivity, and proximity to Konza Technopolis are drawing homebuyers, developers, and land speculators.

News

Ghana Building Cost Inflation Hits 3.1% as Equipment Costs Surge

Ghana’s construction cost pressures remain subdued overall, but equipment costs are flashing a warning sign. Building cost inflation rose to 3.1% in June even as overall input prices fell slightly month-on-month.