EXAMINATION OF HOUSING INVESTMENT PERFORMANCE IN ABUJA, NIGERIA.

Simple item page
dc.contributor.authorWahab, Muktar Babatunde
dc.contributor.authorDurosinmi, Wasiu Ayobami
dc.contributor.authorMustapha, Adamu
dc.contributor.authorOlatunji, I.A
dc.contributor.authorAjayi, Michael Tolu Adeyemi
dc.date.accessioned2021-10-13T12:17:20Z
dc.date.available2021-10-13T12:17:20Z
dc.date.issued2016-05-10
dc.descriptionGreaten_US
dc.description.abstractHousing investment performance is an examination of total return from an invested capital in real estate market, vis-à-vis an associated market risk. The incessant failure of real estate investment is attributed to the lack of feasibility and viability forecast on future of investment and poor analysis of past and present market situations. The objective of the paper is to examine the performance of housing investment return with a view to determining the quantum of risk to be taken to earn an expected return and to establish the most secured investment market. The literature has revealed that the failure of most investment is due to poor analysis of economic and market conditions. The research concentrates on the analysis of Abuja property investment market with view to examining the returns from different real estate sub-markets. The research employed descriptive analysis (standard deviation, coefficient of variation and sharpe ratio) and ANOVA to analyze the data collected through systematic method of sampling. The result of analysis of variance showed a statistically significant difference in returns on investment, at p-value of 0.00013 less than 0.05 level of significant. The results of residential investment performance across three locations in Abuja showed high volatility in Maitama and Wuse residential submarkets at 4.81% and 4.04% respectively, and Gwarinpa market is less volatile at 1.41%. Gwarinpa market showed a stable return on the investment at 6.7% and 6.6% for arithmetic and geometric means respectively. Therefore the research concludes that Gwarinpa residential market exhibited steady and stable return on the basis of average returns, less volatile and performed better on the basis of risk-to-reward ratio than any other submarket at 0.21. Maitama submarket is described as the most risky and volatile submarket at 4.8% standard deviation.en_US
dc.description.sponsorshipAothorsen_US
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/20.500.12484/6634
dc.language.isoenen_US
dc.publisherSchool of Environmental Technology, Federal University of Technology Minna, Niger State, Nigeria.en_US
dc.subjectresidentialen_US
dc.subjectinvestment performanceen_US
dc.subjectsharpe ratioen_US
dc.titleEXAMINATION OF HOUSING INVESTMENT PERFORMANCE IN ABUJA, NIGERIA.en_US
dc.title.alternativeExamination of housing Investment Performance in Abuja, Nigeriaen_US

Files

Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
SETIC 2016 CONFERENCE PROCEEDINGS.pdf
Size:
40.83 MB
Format:
Adobe Portable Document Format
Description:
Main article
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections