The Gross Domestic Product (GDP) growth rate of Kenya's real estate sector grew by *** percent in the third quarter of 2023. This represented a slight increase in the growth rate compared to the corresponding quarter in 2022, which grew by * percent.
The housing price index in Kenya increased to ****** points in the fourth quarter of 2020. This was the first increase in two years. In the fourth quarter of 2018, the index reached a peak at *** points and, since then, it has declined persistently. According to the source, the recovery registered at the end of 2020 was related to an increase in homeowners' preference for newer buildings. Also, a decline in the supply of new units led to a growth in prices.
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Kenya Banking System: Credit Facilities: Private Sector: Real Estate data was reported at 369,430.000 KES mn in Jun 2018. This records an increase from the previous number of 368,913.000 KES mn for May 2018. Kenya Banking System: Credit Facilities: Private Sector: Real Estate data is updated monthly, averaging 29,110.500 KES mn from Jan 1999 (Median) to Jun 2018, with 234 observations. The data reached an all-time high of 369,430.000 KES mn in Jun 2018 and a record low of 19,135.190 KES mn in Jun 1999. Kenya Banking System: Credit Facilities: Private Sector: Real Estate data remains active status in CEIC and is reported by Central Bank of Kenya. The data is categorized under Global Database’s Kenya – Table KE.KB004: Banking System: Credit Facilities.
Real estate added some 1.15 trillion Kenyan shillings (KSh), approximately 8.67 billion U.S. dollars, to Kenya's Gross Domestic Product in 2022. The annual value increased compared to 2021, reaching the highest during the period observed.
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Kenya Banking System: Net Domestic Credit: Private Sector: Real Estate data was reported at 361.100 KES bn in Aug 2018. This records a decrease from the previous number of 372.600 KES bn for Jul 2018. Kenya Banking System: Net Domestic Credit: Private Sector: Real Estate data is updated monthly, averaging 43.400 KES bn from May 2000 (Median) to Aug 2018, with 220 observations. The data reached an all-time high of 372.600 KES bn in Jul 2018 and a record low of 18.300 KES bn in Apr 2001. Kenya Banking System: Net Domestic Credit: Private Sector: Real Estate data remains active status in CEIC and is reported by Central Bank of Kenya. The data is categorized under Global Database’s Kenya – Table KE.KB003: Banking System: Net Domestic Credit.
The prices for the cheapest newly built housing in two African countries, Sudan and South Sudan, exceeded ****** U.S. dollars in 2024. In the Seychelles, the price of the most affordable housing was about ****** U.S. dollars. Nigeria, Kenya, and Egypt all had house prices under 10,000 U.S. dollars.
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Kenya Employment: WE: PR: Real Estate Activities data was reported at 4.200 Person th in 2017. This records an increase from the previous number of 4.100 Person th for 2016. Kenya Employment: WE: PR: Real Estate Activities data is updated yearly, averaging 3.750 Person th from Jun 2008 (Median) to 2017, with 10 observations. The data reached an all-time high of 4.200 Person th in 2017 and a record low of 3.500 Person th in 2010. Kenya Employment: WE: PR: Real Estate Activities data remains active status in CEIC and is reported by Kenya National Bureau of Statistics. The data is categorized under Global Database’s Kenya – Table KE.G005: Employment: by Sector and Industry: International Standard of Industrial Classification Rev 4.
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Kenya Average Wage Earnings: PR: Real Estate Activities data was reported at 281,424.200 KES in 2017. This records an increase from the previous number of 265,659.800 KES for 2016. Kenya Average Wage Earnings: PR: Real Estate Activities data is updated yearly, averaging 212,435.800 KES from Jun 2008 (Median) to 2017, with 10 observations. The data reached an all-time high of 281,424.200 KES in 2017 and a record low of 183,639.500 KES in 2008. Kenya Average Wage Earnings: PR: Real Estate Activities data remains active status in CEIC and is reported by Kenya National Bureau of Statistics. The data is categorized under Global Database’s Kenya – Table KE.G010: Average Wage Earnings: by Sector and Industry: International Standard of Industrial Classification Rev 4.
As of 2022, Kenyan banks provided gross loans worth about *** trillion Kenyan Shillings (KSh), around **** billion U.S. dollars. The personal and household sector received the highest amount of bank credit that year, just over ** percent of the total (around *** billion KSh, or around ***** billion U.S. dollars). Trade, manufacturing and real-estate sectors followed as main beneficiaries of gross loans in 2022.
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银行系统:净国内信贷:私营领域:房地产在08-01-2018达361.100十亿肯尼亚先令,相较于07-01-2018的372.600十亿肯尼亚先令有所下降。银行系统:净国内信贷:私营领域:房地产数据按月更新,05-01-2000至08-01-2018期间平均值为43.400十亿肯尼亚先令,共220份观测结果。该数据的历史最高值出现于07-01-2018,达372.600十亿肯尼亚先令,而历史最低值则出现于04-01-2001,为18.300十亿肯尼亚先令。CEIC提供的银行系统:净国内信贷:私营领域:房地产数据处于定期更新的状态,数据来源于Central Bank of Kenya,数据归类于全球数据库的肯尼亚 – 表 KE.KA007:银行系统:净国内信贷。
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The Gross Domestic Product (GDP) growth rate of Kenya's real estate sector grew by *** percent in the third quarter of 2023. This represented a slight increase in the growth rate compared to the corresponding quarter in 2022, which grew by * percent.