The private real estate market in Ethiopia began thriving during the late 1990s and early 2000s when a number of real estate companies began building homes in Addis Ababa, especially in the suburbs. Over time the real estate sector in Ethiopia has shifted its interest from building modern villas in the suburbs to doting downtown Addis with apartment buildings. And investing in real estate in Addis Ababa has become a lucrative sector for investors. However, there are a number of factors that affect the real estate market in Addis Ababa, Ethiopia. Let us touch on some of the key factors below – • Demographics The composition of a population that includes age, gender, race, income, migration patterns and population growth is termed as demographics. And this is one of the major factors that play a significant role in determining how real estate is priced and what kind of properties are in demand. Whenever there is a major shift in the demographics, a huge impact on real es