The real estate industry in Africa is today more vibrant as compared to the 1990s. In 2006, the sector contributed Ksh 50 billion to the economy.The industry is characterized by:
More players in the market that include private sector, individuals, government, non-governmental organizations;
Increased finance from the banking sector for construction, purchase and renovation of real estate;
Increased number of purchasers due to increased lending for homes by the banks Greater government participation through tax incentives.
he real estate industry in Africa is today more vibrant as compared to the 1990s. In 2006, the sector contributed Ksh 50 billion to the economy.The industry is characterized by: