Nairobi house prices, rents drop

Sakina Hassanali, Head of Development Consulting and Research said Kitengela recorded the highest increase over the year at 10.71 percent while Ongata Rongai lead on a quarterly basis at 4.56 percent. [Wilberforce Okwiri/Standard]

House prices and rents dropped marginally last year in Nairobi and satellite towns.

A report by real estate firm HassConsult says rents dropped by 2.1 per cent while those in surrounding areas fell by 2.3 per cent over the course of 2019.