In the past 18months, house prices have managed to stabilize in the middle to high income categories while it has experienced an average increase of about 15% in the low income categories. Interestingly none of these market dynamics can be attributable to the mortgage finance market. Rather construction financing is at its low, and the quest for survival by both commercial and mortgage banks have almost brought the housing finance market to a halt.
But it’s not all bad news down the way as the CBN and the Ministry of Finance have engaged in several reforms activities that have huge potentials of jump starting the market. Also a few state governments have engaged in reform processes that will deepen the markets within the next 12 months.
LEARN ABOUT OF ALL OF THESE, SEE WHERE THE MARKET IS HEADING AND WHAT YOU NEED TO DO AT THIS YEAR’S IHFW.
VENUE: PROTEA HOTEL, ASOKORO, ABUJA
DATE: 23RD & 24TH AUGUST, 2012.
This edition of IHFW is geared to deliver powerful content, top caliber speakers, and more hard-hitting discussions and solutions. All in response to market dynamics, they have brought together leaders to discuss
“FINANCING THE SUPPLY AND DEMAND SIDE OF RESIDENTIAL REAL ESTATE: Locating Nigeria on the International Investors’ Map”
For registration, please log on to
www.pisonhousing.com
For more information:
Phone: 01-2790720, 07087613522, 08039201589
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This article was first published on 22nd August 2012
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In the past 18months, house prices have managed to stabilize in the middle to high income categories while it has experienced an average increase of about 15% in the low income categories. Interestingly none of these market dynamics can be attributable to the mortgage finance market. Rather construction financing is at its low, and the quest for survival by both commercial and mortgage banks have almost brought the housing finance market to a halt.
But it’s not all bad news down the way as the CBN and the Ministry of Finance have engaged in several reforms activities that have huge potentials of jump starting the market. Also a few state governments have engaged in reform processes that will deepen the markets within the next 12 months.
LEARN ABOUT OF ALL OF THESE, SEE WHERE THE MARKET IS HEADING AND WHAT YOU NEED TO DO AT THIS YEAR’S IHFW.
VENUE: PROTEA HOTEL, ASOKORO, ABUJA
DATE: 23RD & 24TH AUGUST, 2012.
This edition of IHFW is geared to deliver powerful content, top caliber speakers, and more hard-hitting discussions and solutions. All in response to market dynamics, they have brought together leaders to discuss “FINANCING THE SUPPLY AND DEMAND SIDE OF RESIDENTIAL REAL ESTATE: Locating Nigeria on the International Investors’ Map”
For registration, please log on to www.pisonhousing.com
For more information:
Phone: 01-2790720, 07087613522, 08039201589
