Rent squeeze tightens grip on consumers' wallets
Market remains resilient
Individuals are delaying purchasing property and choosing to rent for longer given the elevated interest rate environment and affordability constraints.
On a 12-month rolling basis, average rent in Namibia in the third quarter last year was N$7 177, up 0.18% from the previous quarter and 4.1% higher than the third quarter of 2022.I
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