Urban households who can afford the cheapest new houses Africa 2019, by country

Published by Jennifer Rudden, Oct 14, 2020
In Egypt, almost 90 percent of urban households could have obtained a mortgage sufficient to buy the cheapest newly built house in 2019. However, this was out of reach of at least 95 percent of urban households in over half of the countries on the continent. For instance, only 4.29 percent of urban households in Rwanda were able to afford it.

Share of urban households who can afford the least expensive newly built house in Africa in 2019, by country*

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Release date

October 2019

Region

Africa

Survey time period

2019

Supplementary notes

*the price of the cheapest newly built house by a private developer varied from country to country. This analysis took the current mortgage financing agreements of the respective country into account when determining the share of households who would have granted a mortgage for the least expensive new house built by a private developer in that country in 2017.
**Swaziland was renamed as eSwatini in April 2018.
The source didn't provide data for Western Sahara, Congo and Somalia.

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