Svalbard tackles ‘housing crisis’

Bulldozers rumbled onto the sites of abandoned housing in Norway’s Arctic city of Longyearbyen on Svalbard over the weekend. The homes were badly damaged in the latest avalanches to hit Longyearbyen last winter, adding to a housing shortage that some call a “crisis” in the booming outpost. “We have torn down six flats so far,” Frank […]

Court upholds property tax

The much-disputed property tax levied by Oslo’s newly elected Labour Party-led city government last year is not illegal, ruled a local court on Tuesday. The national organization representing homeowners (Huseiernes Landsforbund) had sued the city, arguing that it’s paid by far too few Oslo residents, based on their home values. The organization, which filed suit on […]

Housing prices fall more than expected

The latest statistics for housing sales in Norway show that prices have indeed tumbled during the past month. In Oslo, the price fall was more than expected, and marked the weakest month of May in 14 years. Housing prices fell an average of 0.7 percent from April on a national basis in May, but were still […]

Home prices cool, ‘but not enough’

Norway’s notoriously high housing prices, especially in the Oslo area, are showing signs of flattening out in the midst of an unprecedented homebuilding boom. That’s expected to further cool off the red-hot real estate market of the past several years, but experts warn it’s still way too expensive for far too many to buy a […]

New Munch Museum rises in ‘New Oslo’

PHOTO FEATURE: Oslo’s new Munch Museum is now rising on the eastern waterfront of the Norwegian capital, influencing the city’s landscape in line with the impact of Edvard Munch’s art. The new museum is further shaping “The New Oslo” through a burst of construction that, like the spring season itself, is bursting out all over. Oslo’s […]

Hot housing market starts to cool down

Real estate brokers in Norway say they’re seeing clear signs that the country’s overheated housing market of the past few years is finally starting to cool down. Buyers are more cautious and price growth, especially in Oslo, flattened out in March. Norway’s national real estate organization Eiendom Norge released new housing price statistics on Wednesday that showed […]

Mayor targeted in property tax revolt

The Labour Party’s mayor in Norway’s northern city of Bodø, Ida Pinnerød, is the target of so much anger over high local property tax bills that she went along with a stunt to let residents throw cakes at her during a handball match. The stunt was cancelled this week, however, after even more negative reaction from the public. […]

Court to rule on Oslo’s property tax

Oslo’s city government leaders from the Labour Party will now need to defend their new controversial property tax in court. They were sued over the questionable legality of the new tax, and officials of the Oslo City Court decided Monday that the case deserves to go to trial. The court’s decision is a preliminary victory for Norway’s national organization […]

Political parties’ youth organizations unite on student housing demand

It’s not often that the youth organizations tied to all of Norway’s political parties agree on a common platform, but they have on the issue of student housing. They’re demanding more of it, especially given the high real estate prices and rental rates in Oslo and other Norwegian cities. The youth parties for Labour, the […]

Property tax revolt starts to spread

It’s not just Oslo’s city government that’s been sending out shockingly high property tax bills recently. Many Norwegians living in small communities from north to south have also been hit with notices of much higher property assessments and taxes, and they’re venting their anger against the politicians behind them. In Målselv in Troms County, for example, residents are mounting a […]