Namibian housing market – A perfect storm?

Namibia property market. Namibia housing market.

From Insight Magazine, May 2013

Namibian Housing Market – Trouble Brewing: Page 1

Namibian Housing Market – Trouble Brewing: Page 2

Namibian Housing Market – Trouble Brewing: Page 3

Namibian Housing Market – Trouble Brewing: Page 4

Bubble trouble

House prices across Namibia have experienced huge increases in the past five years (the time period over which we have an index of such). This is most noticeable in Windhoek, which has seen huge population growth over the last 20 years, however it too is an issue for much of the rest of the country.

I have written a number of articles on this topic, so I shan’t go into the detail here, however, below are some interesting images that go some way to explaining the demand and supply dynamics that have resulted in these price increases.

Namibia house prices

Namibia building plans

Namibia housing type

Namibia housing backlog

Namibia housing supply poor

Namibia housing supply rich

Namibia population growth

Namibia population region

Namibia urban rural

Namibia Urban Rural Household Size

Namibia Household Size Region