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Why mortgage uptake still low despite boom

 Why is Kenya’s mortgage market still small even though the country is witnessing rapid growth in the real estate sector?

Statistics show that loans uptake in the building and construction sector reduced from Sh106.3 billion in 2015 to Sh104.8 billion in 2016. This was a sharp contrast to mid-2010 when the number of new loans was 2,966 in the building and construction sector.

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