Real Estate Market Performance in Nigeria: Longitudinal Evidence from Residential and Commercial Property Sectors in Port Harcourt

The low transparency characterization of the real estate market in Africa presents an antithesis to promising potentials global investors and mutual funds. In spite this, there appears asymmetric synchronicity between increasing attention towards investment Sub-Saharan African industry almost 50% opacity. addressing this anomaly, study examines residential commercial returns from a Nigeria, using Port Harcourt city as test market. It has objectives determining rental value trend properties Harcourt, longitudinal growth rate area. employed qualitative technique collect, peruse analyze data valuation reports obtained Estate Surveying Valuation firms resulting were subjected content analysis, Analysis Variance Correlation. population was all which have been by designated professionals over periodic scope study. Therefore, unit analysis on Given infinite nature population, Godden (2004) formula used for sample size determination 384. found that rents property investments Nigeria recorded steady increase within 2009 2018, with mean rates 10.8% 17.8% respectively. concluded is high performing market, sector offering return investors.