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Over 70pc of Kenyans finance homes from personal savings

Kenya: Over 70 per cent of Kenyans finance construction and acquisition of their homes through personal savings, a newly released housing price report indicates.

The Kenya Bankers Association (KBA) Housing Price Index (HPI) says only 28 per cent of Kenyans finance homes and acquisition using bank loans, out of which only six per cent prefer mortgages.

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