✉news BusinessBanking first seen 6 h ago, last 46 min ago, peak #23
Kenya's mortgage loans climb to Ksh307 billion, CBK says
Original: CBK: Mortgage loans hit Ksh307B as average borrowing rises to Ksh10M
Kenya's Central Bank reports the country's mortgage market has grown to Ksh307 billion in outstanding loans, with the average mortgage now standing at about Ksh10 million. The figures point to rising property prices and increased uptake of home loans, renewing debate about housing affordability for ordinary Kenyan borrowers.
Why now: Newly released banking data shows significant growth in Kenya's mortgage sector, sparking discussion about housing costs and credit access.
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