Buy, Sell & Rent Real Estate in Zambia

economic situation

Homes remain on market longer

The average time a home stays on the market before being sold has increased further by two days to fifteen weeks and six days in the third quarter. These figures show that the market is slowly drifting away from equilibrium and price realism. John Loos, a household and property sector strategist at FNB said that 93 per cent of properties sold for less that the asking price in the third quarter compared...

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