Housing Finance in Mauritania


Mauritania has a limited housing finance sector. As the mortgage market does not yet meet the breadth of the population who might afford a mortgage, most households still finance their housing independently, with savings or non-mortgage credit.

The cheapest newly built house by a developer in Mauritania recorded by CAHF is US$ 29 172, which is for a 120 square metre unit. Cement prices are lower than the continental average, at US$ 6.35 for a 50-kilogram bag.

With an urbanisation rate of 3.45 percent, demand for affordable housing will remain strong, both for rental and purchase. Housing microfinance will play an important role in increasing the supply of housing, and efforts to increase access should be undertaken. Despite a growing financial sector and a high credit to GDP ratio, a high non-performing loan (NPL) rate limits the availability of housing finance. Further hampering the market is the transformation of the one specialist housing finance into a universal commercial bank. With a good macroeconomic environment, sound policy, better data and increased access to affordable credit, an enabled housing market can increasingly provide housing that the average household in Mauritania can afford.

Find out more information on the housing finance sector of Mauritania, including key stakeholders, important policies and housing affordability:

Each year, CAHF publishes its Housing Finance in Africa Yearbook. The profile above is from the 2018 edition, which has up-to-date profiles for 54 African countries.

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