The African housing market is emerging and new trends and innovations in the industry are providing more investment opportunities.
The continent as a whole is projected to continue growing at a faster pace than any other region over the next 10 years. The eastern region of the continent tends to outpace all other regions on the continent with a 52.6% house price growth in the next 10 years.
The northern region real estate market also has a growth potential of 12.1%, followed by the western region with 9.3%, while the Southern region and Central African region will grow at 7.9% and 5.6% respectively.
However, owing to the economic climate challenges, rental prices and so on, the local real estate market remains under pressure to deliver on its goals.
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