Real Estate and Property in Namibia for Sale and Rent

Nambashu

From a seller’s to a buyer’s market

FNB leading analyst Josephat Nambashu says that the housing demand is suffering. There is not much demand from buyers and when a property sells, it sells on average 98 percent below its asking price. The country’s residential property market changed from a seller’s market to a buyer’s market. Price growth dropped almost everywhere except for the coastal market. Mortgage advances have...

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