Despite Kenyans' long-held love affair with land, economic headwinds are putting a damper on the country's property market.
The Hass Land Price Index for the fourth quarter of 2024 published yesterday, reveals a significant slowdown in land price growth, particularly in Nairobi's satellite towns.
For years, Kenyans have viewed land as a safer haven, a place to build a dream home or a lucrative investment.
This trend fueled a boom in satellite towns surrounding Nairobi, offering a more affordable alternative to the pricier city centre.
