House price index in Kenya 2018-2020
The housing price index in Kenya increased to 117.37 points in the fourth quarter of 2020. This was the first increase in two years. In the fourth quarter of 2018, the index reached a peak at 127 points and, since then, it has declined persistently. According to the source, the recovery registered at the end of 2020 was related to an increase in homeowners' preference for newer buildings. Also, a decline in the supply of new units led to a growth in prices.
