Tag: housing

Housing sales fell but prices stable

Residential real estate activity declined sharply in the week following the government's imposition of Corona containment measures. Numbers released last week show a 36...

Residential high-rise evacuated

More than 90 residents of a high-rise residence in Oslo, in which they shared bathroom and laundry room facilities, were evacuated on Sunday after...

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...
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