Naira & Inflation Drive Property Surge: A Double-Edged Sword
Naira Depreciation and Inflation Fueling Property Price Surge: A Double-Edged Sword for Nigerian Real Estate
Jun 18, 2025
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The ongoing depreciation of the Naira and high inflation rates are having a significant, albeit complex, impact on Nigeria's real estate market. While property values in nominal Naira terms are soaring, offering a hedge against currency devaluation for some investors, the rising cost of building materials and reduced purchasing power are making homeownership increasingly challenging for the average Nigerian. We explore how these economic factors are reshaping investment strategies and affordability in major cities like Lagos and Abuja.
Why it's relevant: This is a major, ongoing economic discussion in Nigeria that directly impacts real estate. It highlights both the challenges and opportunities.