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Hass Consult Property Index Quater 3 2012
propertyzote
#1 Posted : Thursday, October 18, 2012 11:49:30 AM
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Joined: 8/25/2010
Posts: 283
Location: Nairobi
The report is summary from Hass Consult:
-Developers and sellers pushed up asking prices in Q3.
-Early in the quarter, buying activity had dropped to 2-year lows.
-September marked a sharp rise in enquiries, viewings and completions.
-Town house sales, where asking prices rose by 1.2 per cent in the quarter, performed better in September.
-But so did stand alone houses, where prices rose by 3.4 per cent.
-However, apartment prices recorded the sharpest rise, at 3.6 per cent.
-Asking rents also rose sharply, by 4.2 per cent for apartments.
-Activity in the rentals market also dipped, with fewer viewings and closures, but the drop was more marginal.
-The rentals market appeared to have been able to sustain the rent rises rolled out in the three months.
For the full report and analysis check our website on property news. http://www.propertyzote.com/
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