Average Mortgage Debt Increase to TZS 104.80 Million as of 30 June 2024
Habari mpya za fedha Tanzania · maelezo ya Average Mortgage Debt Increase to TZS 104.80 Million as… · masasisho 2024 · imesasishwa 10 Aug 2026 · habari za uchumi · pato la taifa · uwekezaji
Muhtasari
- The mortgage market in Tanzania registered a 1.70 percent growth in the value of residential mortgages from TZS 614.57bn recorded on 31 March 2024 to TZS 625.00bn1 as of 30 June 2024.
- On a year-to-year comparison, 6.91 percent growth was registered in value of mortgage loans as of 30 June 2024 (TZS 584.59bn: Q2 2023 vs.
- TZS 625.00bn: Q2 2024).The number of banks and financial institutions reporting to have mortgage portfolios stood at 31 as of 30 June 2024.Overall average mortgage debt size as of 30 June 2024 was TZS 104.80 million.