Summary GOVERNMENT is looking at tightening the law to control the escalating house prices, says the Minister of Trade and Industry, Calle Schlettwein. "House price inflation was mostly driven by properties in the upper price segment, where property prices increased by 23% year on year, with a median price of N$1.93million." Property prices in the middle price segment increased by 18% year on year, with a median price of N$1.1 million, while property prices in the lower price segment increased by 12% year on year, with a median price of N$481 000.

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