Nairobi Property Up 5.3%, Rents Steady; Apartments Hot

Rising interest rates and construction costs have led to a rise in Nairobi property prices, particularly detached houses (3.7%) and apartments (1.5%) in Q1 2024 compared to the previous quarter.  Hass Consult’s Property price index for the first quarter of 2024 shows a 5.3% year-on-year increase. Rental markets slightly improved, with overall asking rents increasing … Continue reading Nairobi Property Up 5.3%, Rents Steady; Apartments Hot