Tag: housing

Housing market perks up

More sellers and buyers entered Norway's weak housing market last month, and real estate brokers claim it picked up after a very chilly winter....

Housing market waits for rate relief

Homeowners trying to sell their homes may need to be even more patient, after Norway's central bank decided against lowering interest rates any time...

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...
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