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Tuesday, March 19, 2024

Tag: housing

Housing sales took a dive

New figures show that housing sales at one of Norway's largest homebuilders, Obos, fell 44 percent last year compared to sales in 2022. The...

Housing prices stayed surprisingly high

New numbers emerged this week that indicate the housing market is doing better than expected in Norway, even after months of interest rate increases....

Owners stuck with 20,000 unsold homes

Never before have there been so many unsold homes on the market in Norway, nearly 20,000 not including those developers are trying to sell...

‘Tighter’ economy warded off rate hike

Sales of new homes and holiday homes fell again last month, car sales have crashed and consumer price hikes are easing if not falling....

More homes go unsold

The number of unsold homes in Norway's capital has risen to its highest level since 2017. Prices fell by 1 percent in August, but...

Norwegian banks boost interest rates, again

Norway's biggest bank, DNB, was once again the first to announce another interest rate hike this week. It comes after the country's central bank...

Rental rates rise as housing prices fall

Prices for residential real estate in Norway fell in July for the second month in a row. Rental rates, meanwhile, have skyrocketed, especially in...

High housing prices start to sink

Norway's notoriously high housing prices fell last month for the first time this year, by a national average of 1.2 percent. Analysts expect a...

Housing prices rising again

Despite' predictions that rising interest rates and economic uncertainty would chill Norway's hot housing market, prices for residential property jumped yet again last month....

Housing prices fall as rates rise

Norway's central bank raised its key policy rate again on Thursday, amidst news that housing prices keep falling. The market for holiday homes, meanwhile,...

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