The Kenya National Bureau of Statistics (KNBS) reported that the residential property price index (RPPI) climbed to 120.29 in the second quarter of 2026, the highest level recorded since the series began.

Across the year to June 2026, overall residential prices rose 2.2%, driven mainly by a 3.1% annual increase in the standalone housing segment, which includes maisonettes, bungalows, townhouses and villas.

In contrast, apartment prices – covering flats and duplexes – recorded only a 0.1% rise over the same period, with the index moving from 91.88 to 91.93.

Quarter‑to‑quarter, the overall index grew 1.6% between March and June 2026, while standalone houses rose 0.7% and apartments posted a sharper 3.6% quarterly gain.

Geographically, price movements varied within Nairobi. Upper‑segment apartments gained about 4.8%, while the Middle segment fell, and among standalone houses, the Upper segment rose 4.5% and the Other segment surged 13.6%.

Eight of Nairobi’s ten surveyed satellite towns saw house prices decline by an average of 0.6% to KSh 14.52 million, whereas all 14 surveyed Nairobi suburbs recorded price increases, lifting average suburb prices to KSh 33.1 million.

KNBS compiles the RPPI using advertised asking‑price data from agents, developers and listings, applying a hedonic pricing model; the figures therefore reflect listing prices rather than actual transaction values.