FNB House Price Index: Diverse Growth Trends Across Segments and Regions

The FNB Namibia House Price Index for Quarter 4 of 2023 showed 1.5% 12-month average growth, down from the previous quarter. Segments varied, with declines in small and medium segments, while large and luxury segments surged. Ruusa Nandago, FNB Namibia Economist, provided insights.