The FNB House Price Index posted an annual growth of 3.5 percent year-on-year at the end of 2020 compared to -4.7% year-on-year recorded over the same period in 2019. There has been a surprising shift in Namibia’s property market in the recent past, and the medium housing segment or homes priced at around N$2.5million is expected to remain relatively attractive in 2021 and beyond as long as interest rates remain at current levels. According to FNB Market Research Manager, Frans Uusiku, this demand will be supported by large numbers of first-time buyers with a long-term investment mindset.