A report by Statista Market Insights, indicates that Ghana's Real Estate market is poised for substantial growth this year with a projected market value of US$458.50 billion.
Dominating this surge is Residential Real Estate, anticipated to reach a market volume of US$389.10 billion in the same year.
From 2024 to 2028 , the market is expected to witness a steady climb, sustaining an annual growth rate (CAGR 2024-2028) of 5.48% and culminating in a market volume of US$567.60bn by 2028.
According to the report, these projections highlight the promising prospects for Ghana's real estate market and accentuate the growing demand for affordable housing.
It urged stakeholders to collaborate and advocate for accessible mortgage rates and embracing technology to elevate the sector's performance.
The writer , Joycelyn Kyei Baffuor is a journalist and a real estate content writer.
Court dismisses Serwaa Amihere case against Henry Fitz, two others
Stolen BRVs: Bi-partisan parliamentary probe non-negotiable — Dr. Omane Boamah
Bawumia begins regional campaign tour on Monday
With great urgency backed by verifiable data, facts and figures dismiss COCOBOD,...
EC’s statement on obsolete BVDs discovery “lies, half-truths, pure fantasies” – ...
Nalerigu court impound vehicles of DCE, Director of Chereponi district for owing...
Cop, 7 others grabbed over $523,000 Gold Scam
Akufo-Addo’s driver wins Dadekotopon NPP Parliamentary Primary
Investigate, jail persons liable for GRA-SML contract – Manasseh
Lawyer wins Akan NPP Parliamentary Candidate primary
