Nigeria Real estate Index: Prices, Trends and Past

Nearby contact for fundamentals and infrastructure stage continue the key differentiators.

What the index has shown seeing that July 2025

This run now covers 42 weekly readings. Prime and luxury stock is consistently described as selective, using longer decision cycles.

  • Suburban and satellite locations direct. Value, space and infrastructure characteristic matter further to buyers than prestige addresses.
  • Documentation is decisive. Completed stock using concise title is preferred over off-strategy across, and the selection strengthened as delivery concerns grew.
  • City-rank spotlights in the fourth quarter of 2025 recorded residential growth of 12% in Enugu, commercial growth of 10% in Calabar, industrial growth of 10% in Kaduna and residential growth of 8% in Jos — evidence that supporting cities were moving independently of Lagos and Abuja.

    Index account

    Every weekly reading given that July 2025, including the headline month-on-month figure where one was published.

    Reading date Headline MoM
    2025-07-07 Where Prices Are Rising or Falling —
    2025-07-14 Rate Movement + Swap Pulse —
    2025-07-21 Vend Pulse —
    2025-08-11 Weekly nationwide reading —
    2025-08-18 Weekly nationwide reading —
    2025-08-25 Prices Request and Insights —
    2025-09-01 Prices Require Insights —
    2025-09-08 Prices Require Insights —
    2025-09-15 Prices Summon for Insights —
    2025-09-22 Prices Request Insights —
    2025-09-29 Prices Require & Insights —
    2025-12-01 Ibadan Reasonably priced Investment Hub —
    2025-12-08 Q4 Enugu Residential Advertise Surges % +12%
    2025-12-15 Q4 Calabar Commercial Promote Rises % +10%
    2025-12-22 Q4 Kaduna Industrial Valuation announce Grows % +10%
    2025-12-29 Q4 Jos Residential Promote Grows % +8%
    2026-01-05 Lagos Luxury Request Document High —
    2026-03-30 Countrywide Asking Charge Up . % MoM +6.8%
    2026-04-06 Countrywide Asking Rate Up . % MoM +5.9%
    2026-04-13 Consolidation Phase High Costs Entice Rates —
    2026-04-27 Mid Swap Residential . % MoM Growth +5.8%
    2026-05-04 Mid Promote Residential . % MoM Growth +4.9%
    2026-05-11 Mid Commerce . % MoM Growth +4.2%
    2026-05-18 Mid Market . % MoM Growth +3.8%
    2026-05-25 Mid Promote Growth —
    2026-06-01 Mid Promote Suburban Growth —
    2026-06-08 Suburban Mid Exchange Growth —
    2026-06-15 Suburban Family Homes Growth —
    2026-06-22 Mid Vend Suburban Growth —
    2026-06-29 Mid Promote Suburban Momentum —
    2026-07-06 Mid Exchange Suburban Growth —
    2026-07-13 Suburban Mid Trade Growth —
    2026-07-20 Mid Advertise Suburban Growth —
    2026-07-27 Mid Promote Suburban Growth —
    2026-08-03 Mid Advertise Suburban Growth —
    2026-08-10 Mid Swap Suburban Growth —
    2026-08-17 Mid Offer & Suburban Growth —
    2026-08-24 Mid Offer Suburban Growth —
    2026-08-31 Mid Advertise Suburban Resilience —
    2026-09-07 Mid Advertise Suburban Momentum —
    2026-09-21 Mid Promote Suburban Resilience —
    2026-09-28 Mid Advertise Suburban Resilience —

    How to apply the index

    The index is a directional resource, not a valuation. Areas including beneficial admission, security and power solutions are seeing preferable occupancy and faster decision-making from both conclude users and investors. Buyers and renters carry on to prioritise value, accessibility and liveability over prestige locations in a lot of cases.

    Lesser cities

    Markets such as Ibadan, Port Harcourt and Enugu are recording progressive, location-definite movement. Island and high-terminate Lekki stock remains extra selective.

    Abuja

    Mid-tier and satellite districts are showing firmer operation than prime districts. Across them, a plain pattern emerges.

    Value momentum peaked in delayed March 2026 and then decelerated steadily across the second quarter:

    Reading Month-on-month modify
    30 March 2026 +6.8%
    6 April 2026 +5.9%
    27 April 2026 +5.8%
    4 May 2026 +4.9%
    11 May 2026 +4.2%
    18 May 2026 +3.8%

    That is six regular readings of slowing growth — a fall of three percentage points in under two months. It aggregates asking prices and observed assignment across primary cities; it does not supplant a qualified valuation on a defined attribute, and it does not account for the circumstance, title standing or correct location of any party resource.

    It is most practical for three things: tracking whether the commerce is heating or cooling, comparing segments when deciding where to acquire, and sense-checking an asking value against the wider promote earlier than you negotiate.

    Repeatedly asked questions

    How numerous times is the Nigeria Holding Index updated?

    Weekly. Construction costs persist elevated, buyer refer to for is selective and affordability pressures persist — but well-located mid-tier and suburban assets are performing additional steadily than luxury and speculative stock.

    Four things stand out in the up-to-date reading:

    • Mid-advertise residential — notably so 2- and 3-bedroom apartments in identified estates — records the most regular enquiry and address operation.
    • Suburban and emerging corridors are absorbing stock faster than prime luxury pockets.
    • Completed and close to-completed units together with plain documentation are preferred over ahead of time-stage off-outline projects.
    • Negotiation room is ordinary, together with numerous transactions closing below the initial asking value.

    Segment output

    Segment Trend (overdue September 2026) What it means
    Mid-advertise apartments Demanding-wearing Strongest firm name for
    Suburban / satellite family homes Consistent Space and value driving entice to
    Prime / luxury residential Selective Longer decision cycles
    Initial off-strategy / speculative Prudent Buyers prioritising completed stock
    Commercial / varied-apply (select) Regular in helpful locations Location and tenant standard decisive

    City highlights

    Lagos

    Mainland and growth-corridor locations carry on to interest to regular mid-advertise request. Each reading covers the preceding week and is published as a dated snapshot.

    Which cities does it protect?

    Lagos and Abuja in every reading, plus rotating extent of Ibadan, Port Harcourt, Enugu, Calabar, Kaduna and Jos.

    Does the index address rental prices as well as sale prices?

    The index covers asking prices and swap measure across residential and selected commercial segments, including rental-pertinent request signals such as absorption and enquiry levels.

    Is the index a valuation of my resource?

    No. It is a promote-degree marker. Readings because then have emphasised constant require rather than rising prices.

    Three themes have held all through the collection:

    • Mid-handle outperforms luxury. Every reading in 2026 places mid-advertise residential at the top of segment execution. From tardy May the index stopped reporting outright expense growth and began describing conditions in terms of resilience and consolidation instead. Readings are published weekly and address asking prices, absorption and segment operation across Lagos, Abuja and the primary small cities.

      This page is the permanent home of the index. For a specific holding you demand a competent valuation that accounts for the individual resource.

      Where can I see the underlying weekly editions?

      This page consolidates them. It carries the up-to-date reading in complete, the account of every weekly edition given that July 2025, and the patterns that hold across the sequence.

      Current reading — week ending 28 September 2026

      The mid-market and suburban residential segments continued to display resilience. Older weekly URLs redirect here so the historical account stays in one place.

      The upload Nigeria Real estate Index: Prices, Trends and Chronology appeared primary on Nigeria Appraisal document Blog .

      The Nigeria Genuine estate Index tracks what Nigerian possession actually costs and where refer to for is moving.

    Source: Nigeria Property Index: Prices, Trends and History

    Ali Yerima

    Leave a Comment

    Your email address will not be published. Required fields are marked *