Kenya’s construction sector is experiencing a significant boom, driven by easier access to credit and robust developer financing, leading to a sharp rebound in building activity and surging property demand. The industry expanded by 5.7% in the second quarter of 2025, reversing a 3.7% contraction in the same period of 2024.

• Credit extended to enterprises in the construction sector grew by 21.7%, reaching KSh 159.6 billion by June 2025.
• The Central Bank of Kenya cut its base lending rate from 13.00% in June 2024 to 9.75% in June 2025, then to 9.50% in August.
• The HassConsult Q2 2025 Property Price Indices showed Nairobi property sales prices rose 3.75% in the three months to June, with detached homes seeing their fastest quarterly gain in nine years.