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Prospects good but Central Bank of Kenya (CBK) move on rates worrying

Kenya‘s property market showed an upward movement in the second quarter of 2015 after a lull at the start of the year.

According to the latest Hass Property Index released last week, the market is moving towards a take-off, but might be slowed down by the high interest rates as a result of Central Bank of Kenya‘s raising the base lending rate.

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