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14 Percent Year-on-Year Growth in Tanzanian Mortgage Market from Q3:2022 to Q3:2023

Habari mpya za fedha Tanzania · maelezo ya 14 Percent Year-on-Year Growth in Tanzanian Mortgage Market from Q3 · masasisho 2023 · imesasishwa 10 Aug 2026 · habari za uchumi · pato la taifa · uwekezaji

Muhtasari

  • The mortgage market in Tanzania registered a 2 percent growth in the value of residential mortgages as of as compared to 6 percent growth recorded in the previous quarter to 30 June 2023.
  • Outstanding mortgage debt as of 30 September 2023 increased to TZS 593.76 billion1 equivalent to US$ 237.53 million as compared to TZS 584.59 billion2 equivalent to US$ 249.92 million reported on 30 June 2023.
  • The market registered a 14 percent year-on-year growth from TZS 522.95bn (Q3:2022) to TZS 593.76bn (Q3:2023).
  • The number of banks reporting to have mortgage portfolios remained at 31 banks as of 30 September 2023.
  • There was no new entrant into the mortgage market during the quarter.

Nukuu za habari mpya na vyanzo: 14 Percent Year-on-Year Growth in Tanzanian Mortgage Market from Q3

Uliza chochote kuhusu mada hii — mfululizo, athari, wahusika, au uhusiano na Tanzania.