April housing index shows growth in central, northern regions

The housing index grew by 13.8 percent on an annual basis towards the end of April, recovering significantly from the slow month of March and diverging from a relatively slow first quarter, says FNB Namibia.

The index prices represented fast movement in the central and northern regions of the country, where the respective housing indices increased by 21.9 percent and 13.2 percent (Y-o-Y) respectively.

The property index in coastal towns has slowed considerably as new developments have softened the price within that market.

READ STORY: https://www.newera.com.na/2015/08/10/april-housing-index-shows-growth-ce...