House purchases remain muted
Average price of a house now N$1.2 million across the country
With rising default rates, FNB Namibia says it expects buying activity for houses to remain constrained over the remainder of 2024 and the first half of 2025.
The FNB House Price Index printed a 12-month average growth of 1.5% at the end of the fourth quarter of 2023, compared to a growth of 3.3% at the end of the third quarter of 2023 a
...
If you are an active subscriber and the article is not showing, please log out and back in. Free access to articles from 12:00.
Comments
Namibian Sun
No comments have been left on this article