Slight rebound in house prices
The FNB Namibia Housing Index, released this morning, shows that the average house price in the country in June was 0.8% higher than the same time last year.
The average price tag on a property in June was just over N$1.2 million.
“The continued drop in the economy and the increased cost of living on the back of fuel increases remain a stark reminder that consumer spending remains under pressure, which is consequently depressing domestic property prices,” FNB Namibia analyst Josephat Nambashu says.
The average price tag on a property in June was just over N$1.2 million.
“The continued drop in the economy and the increased cost of living on the back of fuel increases remain a stark reminder that consumer spending remains under pressure, which is consequently depressing domestic property prices,” FNB Namibia analyst Josephat Nambashu says.
Kommentaar
Republikein
Geen kommentaar is op hierdie artikel gelaat nie