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

BY admin
Published - Wednesday, 07 Feb, 2018

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.