Despite the slow movement of housing units, stakeholders are still optimistic that real estate remains a viable investment vehicle. Updated Thu, August 11th 2016 at 11:05 GMT +3Two recent reports from the Central Bank of Kenya have rattled the real estate industry. In its Bank Supervision Annual Report 2015 released last week, CBK undertook a detailed survey of the real estate market in Kenya. The ever shifting sands that is real estate sector in Kenya has made some people wonder if the segment is as resilient as it is touted to be. Real estate contributed to 42.3 per cent or Sh5.9 billion, "attributable to slow uptake of housing units".

Source: Standard Digital August 11, 2016 08:03 UTC