Contrary to earlier prediction of a lull and investor-apathy in the property market during and after the general elections in Nigeria, the market surprisingly remained upbeat with prices remaining stable and homebuyers still taking up new homes.

The prevailing situation in the market, which was least expected, reaffirms the market’s resilience and growth story in recent time, typifying a positive response to supply-demand dynamics.

Fears of a possible violence in the aftermath of the most keenly contested election since the return of democracy in 1999, had occasioned political and economic uncertainty in the country with most homebuyers opting to play the wait-and-see game before making key investment decisions.

http://www.estatetimesnigeria.com/investor-confidence-in-nigerian-real-estate-sector-stable-despite-election-fears/