Tag: housing

Home ownership stronger than ever in Norway

Only 16 percent of all adults living in Norway rent their homes, according to new numbers from state statistics burean SSB (Statistics Norway). The...

Real estate pros predict price hike

There's widespread agreement among analysts, real estate brokers and economists that Norway's already-high housing prices will jump again, on the back of record-low interest rates. Amidst...

Moving NRK’s base sets off real estate speculation

An announcement from the head of state broadcaster NRK last week that it may eventually move its headquarters from its longtime sprawling site in Oslo immediately set off...

Norway risks a fall into recession

Analysts and top politicians remain optimistic about Norway's economic prospects, but a leading US investment bank now warns there's an 88 percent chance that...

‘House of Commons’ to be rehabilitated

An old, run-down wooden house built the same year as Norway's Parliament, in 1866, has been standing for months in front of the national assembly...

More Norwegians own their homes

Despite the sharp rise in housing prices in recent years, increasing numbers of young Norwegians own their own homes, albeit with a large mortgage. Overall...

Household debt hits new historic high

Despite economic uncertainty, Norwegians continue to take on more household debt to finance high housing prices. Overall debt is now rising faster than income,...

Housing prices fell in October

Norway's national real estate brokers' association, Eiendom Norge, reported on Wednesday that the prices of homes sold in October were an average 1.2 percent...

Norway’s very own ‘House of Commons’

PHOTO FEATURE: A shabby old wooden house has risen outside Norway's Parliament building in downtown Oslo. It's an unusual art project that since late...

Housing prices ‘will keep rising’

Norway's economic downturn may already have bottomed out, except in the Stavanger area, according to fresh prognoses released on Wednesday. Regional differences are expected...
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