Property market cools down

A seasonal slowdown in market activity kept house price growth at ease over the first three months of 2016, although analysts say definite headwinds lie in wait for the sector in years ahead.
In its latest national housing index covering the first quarter of the year, FNB Namibia says house price growth tapered considerably, growing at 4% on a quarterly basis, while sales volumes declined by 30% across the whole country.
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