Nairobi, April 29 -- Apartment prices in Nairobi's suburbs fell in the year to March 2026 as supply of the units exceeded demand, with developers leaning on standalone house sales and rising rental prices to drive their returns on investment.

A periodic housing index report done by real estate firm HassConsult shows that 10 out of the 18 suburbs and satellite towns surveyed reported lower apartment prices in the period, led by Westlands and Upper Hill where prices fell by 7.9 percent and 6.8 percent respectively.

Areas with falling apartment prices included Lavington (-6.4 percent), Ongata Rongai (-5.5 percent) and Ruaka (-5.1 percent).

In contrast, prices of standalone houses rose in 11 out of 14 suburbs, led by Karen and Lavington at...