Serviced land shortages constrain Namibia’s housing market recovery
Structural challenges, particularly delays in land servicing and the limited delivery of serviced plots, continue to constrain housing supply, while broader economic conditions hinder a more inclusive recovery in housing market participation.
CHAMWE KAIRA
Structural challenges, particularly delays in land servicing and the limited delivery of serviced plots, continue to constrain housing supply, while broader economic conditions hinder a more inclusive recovery in housing market participation.
This is according to the latest FNB House Price Index, which shows that residential plot sales remained in contraction during the second quarter of 2026, although the pace of decline moderated.
Plot sales fell by 26.7% year-on-year in the second quarter, compared with a 32.0% contraction in the first quarter and a 13.1% decline recorded in the second quarter of 2025.
The weakness was broad-based, with all major regions remaining in contraction during the quarter.
