Mortgage Financing and Growth of Housing Sector in Nigeria

ALADELUSI, KEHINDE B (2019) Mortgage Financing and Growth of Housing Sector in Nigeria. In: 16th iSTEAMS Multidisciplinary Research Nexus Conference, 9th – 11th June, 2019, The Federal Polytechnic, Ilaro.

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Mortgage financing is very germane to the growth of housing sector in Nigeria. The current study investigated the attendant effects of adequate mortgage financing of housing delivery in Nigeria. The study adopted a descriptive survey research design where annualized data from 1990 to 2018 was collected to investigate how primary mortgage institutions had impacted on investments in the housing sector of the country. Ordinary Least Square (OLS) was utilized in analyzing the collected data through SPSS. The findings of the study revealed that bank credit estate had a significant positive impact on housing delivery in Nigeria while primary mortgage institution had both negative and nonsignificant influence on housing sector in Nigeria. The study concluded that inadequate supply of mortgage finance to the housing sector mitigates against the growth of the sector and overall economic impact. The study recommended that government and monetary agencies should execute important policies directed towards improving the activities of primary mortgage institutions for efficient performance.

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HG Finance
Divisions: Faculty of Law, Arts and Social Sciences > School of Management
Depositing User: Miss Ayomikun Ogunbadejo
Date Deposited: 22 Jun 2020 11:00
Last Modified: 22 Jun 2020 11:00

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