Nairobi, July 10 -- Apartment prices in Kenya have fallen for the fourth quarter in a row amid an oversupply of flats as the cost of maisonettes, bungalows and villas surged 8.5 percent in the year to March

Latest Kenya National Bureau of Statistics (KNBS) data show the cost of apartments fell 3 percent in the year to March.

The costs of flats have fallen in the last 13 quarters, save for the three months to March 2025 and the first and third quarters of 2024.

However, demand for standalone homes has increased in what has seen the cost of maisonettes and bungalows rise in all quarters with the exception of the three months to June 2023.

This has made it cheaper for homebuyers to acquire apartments as the oversupply hurts investors' re...