9.4 Percent Year-to-Year Growth in Tanzanian Mortgage Loans from TZS 593.76bn to TZS 649.85bn
Habari mpya za fedha Tanzania · maelezo ya 9.4 Percent Year-to-Year Growth in Tanzanian Mortgage L… · masasisho 2024 · imesasishwa 10 Aug 2026 · habari za uchumi · pato la taifa · uwekezaji
Muhtasari
- 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.