We would like to introduce the RAC Lagos Annual House Price Index. This is the first index for the housing market that will show house price movements within the Lagos housing market over the last five years.

All developed real estate markets have price indices to serve as indicators on house price movements based on the activities of sellers and buyers. The Lagos real estate market particularly the housing sector has achieved rapid growth over the years with house prices constantly above the rate of inflation as demand continues to exceed supply. Up until now, there has been no data to capture the movements in house prices in the metropolis. It has always been a central part of our business focus to establish an index for the market since inception and are pleased with the maiden release of the index.

To view the index, kindly click on the following link http://www.resiauctionsngr.com/lagos-property/rac-lagos-housing-index


We would greatly appreciate your comments and feedback on the index.

RAC