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  3. Addis Ababa Counts 496,971 New Homes. Who Can

November 2, 2026 · Birr Metrics

Addis Is Building Homes Nobody Can Afford

Topics:Housing programs·Market

Summary of the Birr Metrics report

Addis Ababa says it built and handed over 496,971 homes in five years. A Birr Metrics column argues that this number does not measure affordability. It points to research that found about 970,000 registered condominium applicants against 344,282 units produced, uneven subsidies, and higher transport costs for residents of sites far from the city centre.

Key points

  • The Addis Ababa City Administration reported on October 29 that 496,971 homes were built and handed over in five years.
  • A January 2026 Addis Ababa University study found the condominium programme produced 344,282 units, against about 970,000 applicants in the 2013 registry.
  • The same study modelled that better subsidy targeting could cut total subsidy needs by about 48 percent.
  • A 2024 study of 1,152 condominium residents found heavier cost and access burdens at outer and intermediate sites.
Read the full story on Birr Metrics

Real.et analysis

Birr Metrics reports that the Addis Ababa City Administration said on October 29 that 496,971 homes were built and handed over in the past five years. More than 4,200 of them came in the first quarter of the current fiscal year. The column accepts the figure as a real achievement. It then argues that a count of homes does not show if residents can afford them. The total covers public programmes, private developers, cooperatives and other builders. It is not a count of subsidised condominiums alone.

What the research says

The column cites a January 2026 study by two Addis Ababa University researchers. The study found that the condominium programme produced 344,282 units, while the updated 2013 registry held about 970,000 applicants. It also found that subsidies favoured larger flats. The researchers' model suggests that better targeting could cut the total subsidy need by about 48 percent. This is a model result. The city has not made this saving.

A 2024 study of 1,152 condominium residents looked at housing and transport costs together. Sites on the outskirts and in intermediate areas put a heavier load on residents than inner-city sites. Lower-income households felt this most.

What this means for buyers

The price of a flat is only one part of the cost. Before you commit to a home, check these points:

  • Deposit. How much must you pay at the start, and how long will you need to save it?
  • Monthly payment. What share of your household income goes to the loan?
  • Location. How far is the site from your work, schools and markets? Add the transport cost and the travel time to your budget.
  • Waiting time. A lottery has no fixed date. Do not plan your finances around a draw.

What this means for renters

The column says affordable rental housing gets less attention than condominium handovers. It asks the city to publish median prices, the income needed to buy and the upfront payment with each housing announcement. These are proposals, not policy.

Our condominium guide explains the savings schemes. See the mortgage guide for loan terms, and our guide to the Addis Ababa Housing Development Corporation for how transfers work. For the national target, read about the plan for 1.5 million houses.

Guides on this topic

  • Condominiums in Addis Ababa: A Guide to the Government Housing ProgramHow the Addis Ababa condominium program works: the 10/90, 20/80 and 40/60 schemes, lottery prices, resale, known disputes and how to buy on the market.
  • Mortgage in Ethiopia: home loans, banks and diaspora optionsHow mortgage loans work in Ethiopia in 2026: which banks lend, down payments, terms, diaspora mortgages, Goh Betoch, and why home loans are still scarce.

Related news

  • Ethiopia Near Bottom of Housing Affordability IndexJune 21, 2025
  • Audit Finds Mugher Cement Market Share Down to 9.77%October 11, 2026
  • COP32 Plan to House Delegates in Unfinished ApartmentsOctober 10, 2026
  • Condominium Scheme Met a Tenth of Housing DemandSeptember 11, 2026

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