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Is the property bubble about to burst? PDF Print E-mail
Written by Written By Ferdinard Mwongela for The Standard,15 January 2009   

Kenyans are in a rush to own property and as a result, the property market is enjoying a major boom that has persisted over the last few years. Agents in the real estate sector hail this as the ‘coming of age’ for Kenya’s property market. Despite this, skeptics wonder if this phenomenal rise in property prices — more than 100 per cent in numerous cases — is reason for concern.

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Oversupply hurts high class housing market PDF Print E-mail
Written by Written By Morris Aaron for the Standard January 20 2010   

Nairobi’s high-end property bubble burst at the end of 2008 after a take-off in mid 2006, according to a composite property index released by Hass Consult — a property firm.

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Home costs stay at the roof, says firm PDF Print E-mail
Written by Written By Mwaniki Wahome for the Daily Nation January 19 2010   

There will be no significant drop in the price of residential houses as some analysts had earlier predicted, a real estate agent has said. According to Hassconsult, the figures (Hass Property Index) drawn from their sales and backed by data from other agents indicated that prices for residential houses had stabilised in Nairobi.

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Kenyan Stocks: Housing Finance, Kenya Electricity Generating PDF Print E-mail
Written by Written By Sarah McGregor for Bloomberg October 5 2009   

Oct. 5 (Bloomberg) -- Kenya’s price-weighted All-Share Index dropped 0.1, or 0.2 percent, to 54.99 at the close in Nairobi today.

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House Prices in Kenya’s Capital Fell 2.2% in Third Quarter PDF Print E-mail
Written by Written By Sarah McGregor for Bloomberg October 1 2009   

(Bloomberg) -- House prices in Kenya’s capital, Nairobi, fell 2.2 percent in the three months through September compared with the previous quarter, according to a property- price index released by HassConsult.

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