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20150211 KBA HOUSING INDEX

RECENT INCREASE IN ECONOMIC ACTIVITIES AND THE RISING INCOME LEVELS HAVE STIMULATED THE PROPERTY MARKET, AND DEVELOPERS IN MAJOR URBAN CENTERS IN THE COUNTRY ARE INVESTING IN RESIDENTIAL AND MIXED USE PROJECTS. THIS HAS PROMPTED THE BANKING INDUSTRY’S UMBRELLA BODY, KENYA BANKERS ASSOCIATION (KBA) TO LAUNCH THE 1ST KBA HOUSING PRICE INDEX, AIMED AT PROVIDING MARKET PLAYERS WITH AN IMPROVED TOOL FOR TRACKING THE HOUSING SECTOR, BASED ON QUALITATIVE AND QUANTITATIVE CHARACTERISTICS THAT INFLUENCE MARKET PRICES. JOSEPHINE_BUSINESS This and much more on GBS News at 7.00 p.m and 8.50 p.m. For more news http://gbskenya.com GBS KENYA Twitter https://twitter.com/gbskenya GBS KENYA Facebook https://www.facebook.com/gbskenya