Bloomberg News

Kenyan Average House Price Fell 1% in Third Quarter, Hass Says

November 02, 2011

Nov. 2 (Bloomberg) -- The average asking price for a house or apartment in Kenya fell 1 percent in the third quarter, compared with the previous three months, amid emerging “economic pressures,” Hass Consult Ltd. said.

The average price Kenyan home sellers asked for has increased 11 percent so far this year, according to the latest Hass Property Index announced by the Nairobi-based real-estate agency in Nairobi today.

To contact the reporter on this story: Sarah McGregor in Nairobi at smcgregor5@bloomberg.net

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net


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