In Somalia and Egypt, over 90 percent of urban households could have obtained a mortgage sufficient to buy the cheapest newly built house in 2021. However, this was out of reach of at least 95 percent of urban households in over 17 of the countries on the continent. For instance, only 0.02 percent of urban households in Liberia were able to afford it.
Share of urban households who can afford the least expensive newly built house in Africa in 2021, by country
The price of the cheapest newly built house by a private developer varied from country to country. This analysis took the current mortgage financing agreements of the respective country into account when determining the share of households who would have granted a mortgage for the least expensive new house built by a private developer in that country in 2021.
**Swaziland was renamed as eSwatini in April 2018.
The source didn't provide data for Western Sahara.
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Centre for Affordable Housing Finance in Africa. (December 9, 2021). Share of urban households who can afford the least expensive newly built house in Africa in 2021, by country [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/613846/urban-households-who-can-afford-the-cheapest-new-houses-africa-by-country/
Centre for Affordable Housing Finance in Africa. "Share of urban households who can afford the least expensive newly built house in Africa in 2021, by country." Chart. December 9, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/613846/urban-households-who-can-afford-the-cheapest-new-houses-africa-by-country/
Centre for Affordable Housing Finance in Africa. (2021). Share of urban households who can afford the least expensive newly built house in Africa in 2021, by country. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/613846/urban-households-who-can-afford-the-cheapest-new-houses-africa-by-country/
Centre for Affordable Housing Finance in Africa. "Share of Urban Households Who Can Afford The Least Expensive Newly Built House in Africa in 2021, by Country." Statista, Statista Inc., 9 Dec 2021, https://www.statista.com/statistics/613846/urban-households-who-can-afford-the-cheapest-new-houses-africa-by-country/
Centre for Affordable Housing Finance in Africa, Share of urban households who can afford the least expensive newly built house in Africa in 2021, by country Statista, https://www.statista.com/statistics/613846/urban-households-who-can-afford-the-cheapest-new-houses-africa-by-country/ (last visited July 22, 2024)
Share of urban households who can afford the least expensive newly built house in Africa in 2021, by country [Graph], Centre for Affordable Housing Finance in Africa, December 9, 2021. [Online]. Available: https://www.statista.com/statistics/613846/urban-households-who-can-afford-the-cheapest-new-houses-africa-by-country/
