Pages: 1-13

Abstract

The study is aimed at examining the effect of inflation on residential property development in Bauchi Metropolis. The research design adopted in this study was a survey design where structured questionnaire was administered to the target respondents. Secondary data were obtained from the Central Bank of Nigeria, National Bureau of Statistics and the records of practicing Estate Surveyors and Valuers in Bauchi State. The study employed both descriptive and inferential statistics for presentation and analysis of data. Data was analyzed using the Statistical Package for Social Science (SPSS) tool where a multiple regression analysis was carried out based on the confidence interval 95%. The number of completed properties over the period was taken as the dependent variable while the micro-economics variables of GDP, inflation, bank lending rate, income and prices of various building materials served as the independent variables.