Ghana Real Estate Market | 2015 Overview by Dream Realty

“There are still new real estate projects coming into the country which is a good sign for the future. The downturn was expected,” says Karim Ibrahim, Managing Director of Dream Realty.

“The country has been going up and up and up since early 2008. Before then we were speculating about the oil availability in Ghana and its effect on the economy and from 2008 until the end of 2013, the economy had been growing steadily. Real estate prices have been increasing, the price of land which is the backbone of the real estate pricing, has been going up and up and up.”

Today, there are “a lot of new cranes mushrooming all around the city,” adds Ibrahim.