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Originally published by Nation Business
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business
May 3, 2026
18h ago

Home price growth cools as real estate loses steam

Home price growth cools as real estate loses steam

Figures reflect weaker demand and shifting buyer preferences in a sector that has faced sustained financial pressure...

✨ Key Highlights

Kenya's housing market has cooled, with residential property price growth slowing significantly in the last quarter of 2025 due to weaker demand and high borrowing costs.

  • Residential property inflation eased to 4.5% in the final quarter of 2025, down from 7.3% a year earlier.
  • The slowdown is attributed to factors including elevated interest rates, constrained incomes, and reduced speculative activity.
  • Developers are focusing on clearing existing inventory rather than launching new projects, particularly in the apartment segment where oversupply is noted.

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