20
Nov
Staff Writer The FNB Residential Rental Index shows that the 12-month moving average growth in rent prices took a dip of -1.3 percent at the end of September 2020., bringing the national weighted average rent to N$7 091 at the end of September 2020 compared to N$7 164 recorded over the same period in 2019. “The sudden return of the rental index growth into negative territory affirms the pass-through effects of COVID-19 pandemic on the rental market. This is unsurprising given the notable job losses and reduced income for the most part of the workforce as the country implemented COVID-19…