Housing is a challenging issue in Ghana, due to the rising demand and sluggish supply which has led to a
deficit of more than two million housing units. This study aimed to estimate and analyse the determinants of
the demand for housing in Ghana. The estimated elasticities show that owner and rental demand for
housing is price and income inelastic. Permanent income elasticities were greater in each case than current
income elasticity. The quantile regression showed that permanent income, current income and price were
significant for all quantiles of housing units consumed. It is recommended that all these factors be taken into
account when addressing the housing supply challenges facing Ghana to help clear the existing deficit and
to provide for the anticipated increase in demand due to increasing income, since demand for housing in the
country is income inelastic.