Housing/Real Estate Archives

UBOS reports decline of House Prices in Kampala, Wakiso between April and June

URNBanking & Financial ServicesJuly 7, 2020July 8, 2020

Residential houses prices in Kampala and Wakiso fell between April and June 2020, an exciting time for Ugandans with cash to buy at a bargain, according to Uganda Bureau of Statistics (UBOS).The statistics body says that prices of houses dropped by 3 per cent in the greater Kampala that is in areas of Wakiso, Kampala and Makindye, Rubaga and Kawempe. Only Nakawa saw an increase in house prices. This information is contained in the Residential Property Price Index (RPPI), which observed prices of houses in April, May and June 2020.The fall in prices from April is a direct opposite of what…

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Want to invest in real estate? Demand for residential real estate on the rise- Knight Frank Report

theceomaThe Big StoryJanuary 27, 2014January 27, 2014

By Taddewo Senyonyi A Knight Frank Uganda Market Update Report conducted in Quarter 3 & 4, 2013 reveals that Uganda’s property sector is showing signs of recovery, albeit challenges, thanks to the easing of credit restrictions in the mortgage financing sector. The report says there has been a significant improvement in economic performance over the past 9 months, when compared with the same period last year, and the property sector though nowhere near its peak performance is showing signs of slight recovery. “This recovery is driven mainly by easing of credit restrictions in the mortgage financing sector, which has led to…

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