[Source: Business Daily, by James Kariuki]
House and land prices dropped in Nairobi and the surrounding counties of Kiambu, Kajiado and Machakos in the three months to June due to low demand in the wake of the coronavirus pandemic.
HassConsult, which conducts a quarterly property pricing index in Kenya, said Tuesday that house prices dropped 0.2 percent in quarter two, compared to a growth of 3.6 percent in a similar period last year.
It linked the price fall to…
