Tag: housing
Household debt continues to rise
Norway's financial authority (Finanstilsynet) is worried about new figures showing how Norwegians' household debt remains high and keeps rising. The most vulnerable are both...
Housing market keeps cooling off
Housing prices have tumbled again on a monthly basis, and are now just 2.4 percent higher than they were at this time last year....
Oslo set to refund some property tax
The City of Oslo, which lost a key portion of a lawsuit filed by more than 1,000 property tax payers, is now poised to...
Housing prices slid but market still strong
Prices for residential property in Norway were down an average 1.1 percent in July, but economists don't see any negative trend. Prices rose in...
Central bank raises interest rates
Interest rates rose another quarter-point on Thursday, after Norway's central bank decided that it was time to gently step on the country's economic brakes....
Debt adds to the oil dependency threat
NEWS ANALYSIS: Norway's dependency on its oil and gas industry isn't the only thing threatening the economy. After a week of falling oil prices,...
Supreme Court hears property tax case
A class action lawsuit against Oslo's property tax system, filed on behalf of 3,400 Oslo residents, made it into the Supreme Court this week....
Housing prices rose again, sales brisk
January turned out to be anything but a slow month in Norway's housing market. Prices rose, and the number of homes sold broke a...
Housing prices rise in line with salaries
Year-end figures showed that housing prices in Norway rose an average of 2.8 percent in 2018, in line with average wage growth. The figures...
Prospects bright for Norway’s economy
Norwegian economists agree that New Year prospects are bright for the country's economy in 2019. They predict economic growth of 2 percent, low interest...
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