Coming up
2023 African Housing Show slated for November 4 and 5 in UK
Lands Commission has engaged the Ghana Pentecostal and Charismatic Council (GPCC)
to educate them on the new Land legislation
In International News
Housing market in Colorado is slowing down
2023 African Housing Show slated for November 4 and 5 in UK
The Drum at Wembley Stadium in London will host the African Housing Show 2023 on
November 4 and 5 this year.
According to the PE Group, the Show also aims to promote sustainable building practices and
job growth.
It also strives to support job growth and environmentally friendly construction methods.
Organizers say the theme for this year, “Quality Housing.”emphasizes the requirement for
technical know-how and monetary investment in Africa’s housing sector in order to create
cutting-edge and environmentally beneficial products.
The occasion will serve as a forum for discussions on building and construction materials, with a
focus on the necessity of preserving the environment and encouraging sustainable growth.
The African Housing Show 2023 would also give organizations the chance to collaborate with or
support the occasion, enabling them to inform the real estate and building sectors about the
importance of protecting the planet for future generations.
.
The event also provides real estate agents, developers, contractors, mortgage companies, and
service providers with display opportunities. Exposing their green projects and products to
potential partners and investors is an opportunity for exhibitors. sustainability in the real estate
business.
Land act sensitisation
As part of the efforts to promote understanding and adherence to the new Land Act 2020, (Act
1036), the Lands Commission has engaged the Ghana Pentecostal and Charismatic Council
(GPCC) to educate them on the Land legislation and other related land issues during its Annual
National Delegates Conference.
Mr Timothy Anyidoho, Acting Greater Accra Regional Lands Officer, in a presentation,
highlighted the importance of the Act towards the country’s development and the role the
Commission was playing in ensuring efficient land administration.
He said proper understanding of the Act was crucial to avoid land disputes, illegal transactions
and encroachments.
During the interactive session, Mr Anyidoho explained the various provisions of the Land Act,
focusing on key areas such as land acquisition, ownership, registration, and dispute resolution.
He touched on some sections of the Land Act including Section 9(2), which states that “A person
shall not create an interest in or right over any stool, skin, clan or family land that vest in that
person, another person or body of persons a freehold interest in that land, however described”.
Mr Anyidoho cautioned the congregation to avoid any unlawful use of force, violence, or
intimidation to prevent or obstruct fraudulent land transactions.
Still staying on this
Mr. Immanuel Tettey, the General Secretary of the GPCC, in his remarks, expressed gratitude to
the Lands Commission for sensitizing them on the relevant provisions of the Land Act.
He said it was important for religious leaders to equip themselves with the necessary tools to
guide their congregations on land related matters and pledged the GPCC’s commitment to
promote responsible land ownership by urging other religious bodies to collaborate in that
endeavor.
Madam Eunice Opoku, the Communications Officer of the Commission, on behalf of
Management, presented copies of the Land Act to the Council.
The event offered an opportunity for the Commission to equip the religious leaders and their
members with relevant provisions of the Land Act and ensure a culture of responsible land
ownership and management amongst the congregation.
The conference, held at the Royal House Chapel International was attended by key
representatives and leadership of the various member churches under the GPCC in Accra.
In International News
Housing market in Colorado is slowing down but interest rates remain high.
The price of homes in Colorado is spiking again and interest rates seem to be staying high.
However, as the market has slowed down there’s a wider selection for those looking to buy. The
housing market constantly changes, and some Coloradans are being forced to move away from
cities in order to afford to buy homes.
Home prices in Weld and Larimer counties tend to range from just below $500,000 to nearly
$600,000.
In comparison, a Colorado Association of Realtors report showed the average price of a single
family home in Denver was about $668,000 in April.
Interest rates for a 30-year mortgage loan are still high, averaging between 6% and 7%. They are
predicted to remain that way through the rest of the year.
People often choose to buy in Northern Colorado communities because they can find bigger lots
and acreage. Plus, the housing market competition is usually not as fierce, Experts say/
Although prices have been bumping up, people are still buying and selling, Dominguez said.
“People still want to achieve their home ownership, and some are selling because they have
gained equity,” he said.
Last year, people were frequently bidding over the asking prices of homes, creating steep
competition in the market.
“A lot of people were really discouraged in buying a home, or in the possibility of buying a
home, because they didn’t have the $50,000 to $70,000 that people were bringing [in] cash to
close,” Dominguez said.