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 a revival of activity in the residential housing sector, though it still remains very much a “buyers market
