3 Trends That Shaped the Nigerian Real Estate Market in 2024
At the School of Estate and Business, we prepare real estate professionals to stay ahead of industry trends. 2024 was a transformative year, and these three key trends reshaped Nigeria’s real estate landscape. Here’s how these developments could impact your business and career.
1. Increased Demand for Affordable Housing
Affordability became a priority for buyers and renters. The industry saw:
• Smaller housing units designed for affordability.
• Flexible payment options, such as rent-to-own schemes.
• Increased involvement in government housing programs like the National Housing Fund.
What this means for you: With REBC, we emphasize affordability strategies in our training programs to equip you with the skills to cater to this growing demand.
2. Rise of Smart and Eco-Friendly Homes
The shift toward sustainable and tech-enabled homes gained momentum in areas like Lagos and Abuja.
• Features like solar power, energy-efficient designs, and smart systems became selling points.
• Buyers increasingly prioritized homes that reduce long-term living costs.
How REBC helps: Our curriculum integrates lessons on sustainable real estate practices, helping you align with the market’s shift to eco-friendly and smart housing solutions.
3. Expansion of Mixed-Use Developments
The concept of live-work-play spaces dominated the market. Examples include:
• Eko Atlantic in Lagos and Jabi Lake Mall in Abuja.
• Increased interest in developing multi-functional real estate projects in high-demand areas.
Key REBC Advantage: Our courses on property development and urban planning give you the knowledge to excel in creating or managing mixed-use developments.
Next session starts January 28th, 2025—don’t wait to be part of the excellence!
Apply now and secure your spot:
🌐 www.schoolofestate.com
📞 +234 805 989 9731
