General Assessment

    Variable(2017)
    Data
    Main constraints in the development of the housing finance sector Shortage of funds to finance long term mortgage loans, inadequacies in the current land tenure system and absence of a national land policy, a largely youthful population
    New developments that will have a major impact on the sectorAutomating land registry,Proposed Ammendments to the Land Act, ban on charging rent in foreign currency
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    Notes: 20%
    Notes: 20%
    Notes: 80%
    Notes: 80%
    Notes: 9 institutions offer mortgage finance, 5 dominate
    Notes: Amount for general lending to real estate sector; residential, commercial and land purchase
    Notes: Amount for general lending to real estate sector; residential, commercial and land purchase
    Notes: Amount for general lending to real estate sector; residential, commercial and land purchase
    Notes: Amount for general lending to real estate sector; residential, commercial and land purchase
    Notes: Amount for general lending to real estate sector; residential, commercial and land purchase
    Notes: Amount for general lending to real estate sector; residential, commercial and land purchase
    Notes: Average rediscount rate over the year
    Notes: Average Shs lending rate for the year - Average Central Bank Rate for the year
    Notes: Average yield in 2017
    Notes: Based on commercial banking data alone, 2 banks didn't issue any mortgages in 2017
    Notes: Habitat for Humanity
    Notes: Habitat for Humanity
    Notes: Habitat for Humanity
    Notes: Habitat for Humanity
    Notes: In all mortgage offers, the lender retains title as collateral.
    Notes: In all mortgage offers, the lender retains title as collateral.
    Notes: In all mortgage offers, the lender retains title as collateral.
    Notes: In all mortgage offers, the lender retains title as collateral.
    Notes: Note that the building codes are awaiting the passing of the building control bill. This percentages is a combination of temporary and semi parmanent houses. Please note that except 2002 and 1991, the rest are projections
    Notes: Note that the building codes are awaiting the passing of the building control bill. This percentages is a combination of temporary and semi parmanent houses. Please note that except 2002 and 1991, the rest are projections
    Notes: Note that the building codes are awaiting the passing of the building control bill. This percentages is a combination of temporary and semi parmanent houses. Please note that except 2002 and 1991, the rest are projections
    Notes: Note that the building codes are awaiting the passing of the building control bill. This percentages is a combination of temporary and semi parmanent houses. Please note that except 2002 and 1991, the rest are projections
    Notes: Note that these are projections except for 2002 and 1991
    Notes: Taken from Residential Property Price Index developed using Laspeyer's methodology. Base period 2010/11
    Notes: Taken from Residential Property Price Index developed using Laspeyer's methodology. Base period 2010/11
    Notes: Taken from Residential Property Price Index developed using Laspeyer's methodology. Base period 2010/11
    Notes: Taken from Residential Property Price Index developed using Laspeyer's methodology. Base period 2010/11
    Notes: The legal and Judiciary process for concluding a foreclosure is very lengthy, and can take over 6 months.
    Notes: The legal and Judiciary process for concluding a foreclosure is very lengthy, and can take over 6 months.
    Notes: The legal and Judiciary process for concluding a foreclosure is very lengthy, and can take over 6 months.
    Notes: The legal and Judiciary process for concluding a foreclosure is very lengthy, and can take over 6 months.
    Notes: The Mortgage Act of 2009
    Notes: The Mortgage Act of 2009
    Notes: The Mortgage Act of 2009
    Notes: The Mortgage Act of 2009
    Notes: Variable rate is the most common, tagged to 364days treasury bill rate
    Notes: Variable rate is the most common, tagged to 364days treasury bill rate
    Notes: Variable rate is the most common, tagged to 364days treasury bill rate
    Notes: Variable rate is the most common, tagged to 364days treasury bill rate