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Saturday, June 25, 2022

Tag: housing

Banks start raising mortgage rates

It didn't take long for Norway's commercial banks to boost their lending rates after the central bank, Norges Bank, raised its policy rate again...

Tougher resale rules boost housing prices

New state rules meant to cool down a hot real estate market and reduce conflicts after homes change hands instead sent housing prices to...

New housing sales fall again

Sales of newly built housing have fallen for the sixth month in a row, reports homebuilders' association Boligprodusentenes Forening. Total sales for 2021, however,...

Housing prices fell in December

Norway's red-hot housing market cooled down a bit in December, with prices on average falling 1.3 percent nationwide from the month before. They were...

High housing prices spread outside Oslo

Oslo's housing affordability problem is now spilling over into the entire metropolitan area. Even though Oslo's record high prices have declined slightly in recent...

Housing prices finally level off

After many months of ever-rising housing prices, they finally leveled off in April, rising a relatively modest 0.2 percent from March. The year-to-year figures,...

Housing market may see a ‘correction’

Residential real estate prices are still up 12.5 percent over last year at this time, and a stunning 15.6 percent in Oslo, according to...

Housing sales and prices set records

Even in the midst of the Corona crisis, or perhaps because of it, Norwegians bought and sold homes at levels that set new records...

Authority wants to limit borrowing

Norway's financial authority (Finanstilsynet) wants to tighten lending requirements, part of an effort to curb the country's ever-rising debt levels. It's proposing a lower limit...

Housing prices jump again

Even in the midst of the Corona crisis, Oslo's residential real estate market remains as hot as ever. Prices nationwide rose an average 1.1...

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