House price growth in Kenya slowed sharply in Q4 2025, signalling a cooling residential market as buyers struggle with high interest rates, weak purchasing power, and rising construction costs, according to the latest Hass Property Index.
The report shows that while prices remain higher than pre-pandemic levels, momentum has flattened, particularly in the apartment market, as demand softens and developers face longer selling periods. HassConsult said the slowdown reflects a market adjusting to tighter credit conditions, with buyers increasingly price-sensitive and cautious.