The real estate and housing market of Ghana has become an important and strategic economic sector, particularly in the urban centres of south Ghana such as Accra, Kumasi, Sekondi-Takoradi and Tema. However, many of its citizens particularly those in Accra cannot afford the housing prices which is a trait of most major cities globally particularly in the West. Kumasi is growing at a faster rate than Accra, and there is less competition in its real estate market. The gross rental income tax of Ghana is withheld at 10%, capital gains are taxed at 15% with a 5% gift tax imposed on the transfer of properties and Ghana's real estate market is divided into 3 areas: public sector real estate development, emerging private sector real estate development, and private individuals. The activities of these 3 groups are facilitated by the Ghanaian banks and the primary mortgage market which has demonstrated enormous growth potential. Recent developments in the Ghanaian economy has given birth to a boom in the construction sector, including the housing and public housing sector generating and injecting billions of dollars annually into the Ghanaian economy. The real estate market investment perspective and attraction comes from Ghana's tropical location and robust political stability. An increasing number of the Ghanaian populace are investing in properties and the Ghana government is empowering the private sector in