What the Real Estate Market Is Saying About 2026

A real estate graph

Roughly 86% of the market is still made up of residential real estate, which is not a coincidence but rather a reflection of where demand continuously endures economic cycles. The Nigerian real estate market is estimated at around $2.61 trillion, of which residential property constitutes around $2.25 trillion. Going by 2026 estimates, it is expected to grow steadily to reach $2.79 trillion. The guardian

Between 2024 and early 2025, the prices of houses and apartments in Nigeria increased compared to 2023 and previous years. This was mainly due to inflation , higher construction costs, and strong demand. After that increase, prices stopped rising so fast and began to even out. People were still buying and renting, but mostly in locations and with projects that truly made sense (Affordable and functional). This did not mean that the market was weak, it just meant that the market had to adjust to what people wanted and was now favoring affordable and well-located properties. The Silent Shift

This simply points that residential real estate is the market 

Where the Market Actually Moves 

Despite the conventional location that the spotlight of the real estate industry was on, the growth rate was not even, it stretched. As the projected national growth of residential properties stands at 5-15% for the year 2026, the greatest growth is not found in the prime areas. Instead, the areas involving the middle-class citizens and those that are infrastructural hotspots are expected to outperform with growth ranging from 8-15%. This is despite the fact that most residential demand is actually found here, especially in the Lagos Mainland region.

2026 Residential Report.pdf

This shift is clear to investors. Although prices are still rising due to luxury developments, volume-led residential markets show the most steady activity. In areas shaped by daily life, such as those near work, family, and vital infrastructure, demand as measured by occupancy, turnover, and pricing power continues to be strongest. Compared to luxury developments that depend more on prestige than on steady demand, these residential market segments continue to grow steadily and provide more consistent income and liquidity.

Why Flinx Realty Fits This Market Moment 

For investors, all these factors can either limit opportunities or open a vast level of opportunities. Given the shift in the focus of demand towards the middle-class, highly populated neighborhoods, the requirement lies with the ability of property developers to build properties in a manner that meets the scale of demand along with the correct prices in order to fulfill the perpetual demand for property. Flinx Realty perfectly fits into all these parameters of the property development markets. Flinx realty limited .It focuses on the mainland residential markets, functional housing designs, and demand-driven prices, which favors investors in terms of consistent occupancy, quick investment, as well as predictable gains in the real estate markets which favor consistency in the real estate markets today. The mainland millionaire

What 2026 Demands 

With a projected growth rate of 6-7 percent, fueled mainly by residential real estate once again, the opportunity lies in identifying areas where there is a shortage of supply to meet residential demand, specifically in mid-tier residential property. Value-driven property investors are more likely to experience stable returns. Flinx Realty, Bradford suites 

The market is rewarding clarity. 

From the perspective of property investors, it means emphasizing residential property that resonates with how consumers really live their lives, where their jobs are located. Residential property that is relevant irrespective of market trends.

At Flinx Realty, this is the lens we continue to build through. Not because the data says so….but rather because the data is finally confirming what the market has been indicating all along.

Explore residential opportunities aligned with real demand.


Babatunde Akinpelu

Written by Babatunde Akinpelu, Founder/Lead Housing Analyst at Nigeria Housing Market

Babatunde is the Founder and Lead Analyst at Nigeria Housing Market. With a focus on macroeconomic shifts and housing policy, he provides data-driven reporting to help investors navigate the complexities of the Nigerian property landscape. He specializes in bridging the information gap for the global diaspora, ensuring every report is backed by local accuracy and global standards.

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