Experts: Why mortgage market growth is slow

A low-cost  housing project. Tanzania currently faces a shortage of 3 million housing units PHOTO | FILE

By  Alex Nelson Malanga

Business journalist

What you need to know:

  • The Tanzania Mortgage Refinance Company Limited (TMRC) says in its latest report that the mortgage market grew by a measly 1.24 percent in the value of loans during the second quarter of this year.

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