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Housing Trends.pdf

HPI-issue-3.pdf
Preview of Housing Trends
🔗 Source: kba.co.ke
📊 Size: 1.2 MB
📄 Pages: 6 pages
⬇️ Downloads: 405

Summary

House prices softened in the second quarter of 2015, increasing by 0.2% compared to the previous quarter's 2.75% increase, signaling stabilization of overall house prices. Apartment prices moved more than bungalow and maisonette prices, driven by the rising middle class's preference for apartments due to affordability. The demand for houses was influenced by location, preference for gated communities, and characteristics appealing to discerning households. A negative relationship in price movements between bungalows and apartment prices across regions suggests possibilities of redeveloping old bungalows into apartments.

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Description

House prices softened in the second quarter of 2015, increasing by 0.2% compared to the previous quarter's 2.75% increase, signaling stabilization of overall...

Technical Information

  • File Format: PDF
  • File Size: 1.2 MB
  • Pages: 6
  • Language: EN
  • Total Downloads: 405
  • Last Updated: 7 days ago

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