Taylor Scott International: KENYA REAL ESTATE MARKET REPORT – FIRST QUARTER 2015

Taylor Scott International, conducted a property market survey in Nairobi for the first quarter 2014. The company collected a total number of 1792 surveys collected across a range of different venues. The majority of people who participated belong to the middle and upper class .The main objective of this survey was to identify property ownership … Read more

Kenya:Dependence on Real Estate May Disappoint

By Kosta Kioleoglou  Kenya remains the largest economy in East Africa with significant potential to further capitalize on regional markets and strengthen its position as the region’s economic powerhouse. With the recent discovery of oil, gas and coal representing a great opportunity for its overall development, Kenya is now viewed as the economic engine of … Read more

Top 10 luxury real estate markets in the world

London is the most popular  of the top 10 luxury real estate markets in the world according to Christie’s International Real Estate report. According to Christie’s International Real Estate: “The world’s top cities experienced an explosion in luxury home sales during 2013, fueled by pent-up demand, increasing consumer confidence and robust stock market returns. In … Read more

Affordable Housing Crisis in Nairobi: A Review

    Kibera: Substandard housing still persists Kenya is a country of big contradictions. Its capital city, Nairobi, consists of an impressive urban environment. Within a few minutes, one can get completely contradictory views of the city. It is a mixture of extreme luxury and extreme poverty. Karen is one of the high end areas … Read more

Mortgage approvals hit six-month high as house prices ‘set to rally’

Falling mortgage rates, cuts in stamp duty for most movers and stronger pay growth could drive house prices 5pc higher this year, according to analysts The number of mortgages issued in February jumped to the highest monthly level in half a year as buyers took advantage of falling prices after Christmas. Lenders approved 61,760 mortgages … Read more

Greek Real Estate Market Review : A frozen sector of the Greek Economy .

The Greek property market has been facing a strong recession for five years, and national real estate prices have hit the lowest levels of the last decade. According to recently pubished reports property values in Greece have dropped over 50% since the onset of the crisis. According market reports, prices declined over the past year … Read more

Real Estate Market in Kenya: A Review

(Nairobi CBD) Kenya ‘s Real Estate Market is easy to confuse investors. People following the rule of demand and supply believe that the Real Estate Market in Kenya is still strong and has a long way to go. Well sometimes things are not so simple. Kenya has a huge need for housing, but for affordable … Read more