KBA report attributes sluggish performance to current political stalemate and credit crunch in the sector

An apartment block in Nairobi's Kileleshwa suburb. [PHOTO:David Gichuru|Standard]

Unavailability of credit and the current political stalemate slowed down the real estate sector in the third quarter of this year, registering a 0.42 per cent growth.

This is compared to a 0.98 per cent growth recorded in the same period last year.