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Norway housing prices down in January

Norwegian seasonally adjusted housing prices fell by 0.4 percent in January from December, a real estate industry association said in a monthly report on Monday. On a year-on-year basis prices fell by 2.2 percent in January, Real Estate Norway said. Tighter mortgage regulations, lower populati

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Published - Feb 7, 2018 5:49 AM

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Norwegian seasonally adjusted housing prices fell by 0.4 percent in January from December, a real estate industry association said in a monthly report on Monday. On a year-on-year basis prices fell by 2.2 percent in January, Real Estate Norway said. Tighter mortgage regulations, lower population growth and a boom in construction have all contributed to weaker demand for housing in recent months. Unadjusted prices rose by 2.0 percent in January from December.

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