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9.4 Percent Year-to-Year Growth in Tanzanian Mortgage Loans from TZS 593.76bn to TZS 649.85bn

Latest Tanzania finance news · 9.4 Percent Year-to-Year Growth in Tanzanian Mortgage L… explained · 2024 updates · updated Aug 10, 2026 · economy news · GDP · investment

TLDR

  • The mortgage market in Tanzania registered a 4.0 percent growth in the value of residential mortgages from TZS 625.00bn recorded on 30 June 2024 to TZS 649.85bn1 as of 30 September 2024.
  • On a year-to-year comparison, 9.4 percent growth was registered in value of mortgage loans as of 30 September 2024 (TZS 593.76bn: Q3 2023 vs.
  • TZS 649.85bn: Q3 2024).The number of banks and financial institutions reporting to have mortgage portfolios stood at 31 as of 30 September 2024.Overall average mortgage debt size as of 30 September 2024 was TZS 111.05.

Latest news excerpts & sources: 9.4 Percent Year-to-Year Growth in Tanzanian Mortgage L…

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