Tag: housing

Strict new lending rules unwelcome

Real estate brokers, bankers and borrowers alike are not laying out the welcome mat for strict new residential lending rules proposed by Norwegian finance regulators. The new...

Debt levels worry finance minister

Norway's economy doesn't face any crisis, Finance Minister Siv Jensen has said, but she's growing increasingly worried about household debt levels in the country. Ever-rising...

Home sellers draw record bids

Oslo's residential real estate market was still hot in otherwise chilly January, with four out of five homes up for sale attracting bids well over...

Homes keep selling briskly

Real estate activity in Norway has continued at a brisk pace in the New Year, with most homes selling after just one showing, according...

Rents rise along with housing prices

Rental rates in Oslo rose again from October to November, according to new figures from rental agency Utleiemegleren. It now costs an average NOK 8,645...

Yet another real estate price record in Oslo

A three-bedroom apartment in a relatively non-descript building from 1968, but located in Oslo's post Gimle neighbourhood, has sold for NOK 40 million (USD...

Higher home prices surprise brokers

Real estate brokers said Tuesday they were surprised by yet another increase in average housing prices in July. The hot weather and summer holiday...

Real estate industry beefs up building inspections

Fully 20 percent of all residential real estate transactions in Norway wind up in conflicts between buyer and seller, generally because of structural or...

Squatters evicted from Oslo lot

Oslo police broke up the long-standing squatters' community of Brakkebygrenda in Gamlebyen on Wednesday morning, after members of the self-described "ecological urban living alternative"...

Neighbour quarrels hit new extreme

Norwegians have an alarming tendency to quarrel with their neighbours, according to local insurance companies and a state council charged with resolving conflicts. Neighbours...
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