The bankers' lobby group will today unveil a housing price index, promising to give the property market a tool to analyse factors that inform price movements. The Kenya Bankers' Association first announced the index last September. The lobby says the index will track changes in overall prices and property specifications. KBA hopes the index will form a key source of information for policy makers moving forward. "The KBA Housing Price Index will supplement the consumer price index and private sector credit data on which the Central Bank relies to formulate its monetary policy," KBA said in a...
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