Analysis of the Housing Market: Case of the Bamako District

Abstract: The District of Bamako, the capital of Mali, is experiencing rapid urban expansion and significant demographic changes. This growth has led to an increasing interest in the local real estate market, a complex field influenced by various economic, social, and political factors. Thus, the analysis of the housing market in the District of Bamako aims to thoroughly explore the dynamics of the housing market, focusing on supply and demand, characteristics, recent trends, and challenges. Moreover, Bamako's population has experienced rapid growth over the past few decades, rising from approximately 1 million inhabitants in the 1990s to over 2.3 million today. This demographic growth has created a strong demand for housing, particularly for low- and middle-income households. Consequently, the supply of affordable housing has not kept pace with this increasing demand. The methodological approach emphasizes the use of economic analysis tools, descriptive statistics, mathematical tools, and environmental analysis. The results reveal an imbalance between the supply and demand for housing in Bamako. Thus, the housing market in Bamako faces major challenges related to rapid demographic growth and high costs. Efforts are underway to address the demand for affordable housing, but substantial progress remains to be made.