Tag: real estate

Real estate market slumps

Housing prices are expected to rise by just 3.5 percent this year, and the market for holiday homes has fallen as well. Brokers blame...

Inflation jumps, markets shiver

So much for recent reports that Norwegians were feeling better about their household finances: Now comes news that prices are rising again by more...

Investor buys iconic tower in Oslo

It's been closed and neglected for decades, but now an old broadcasting- and observation tower in the hills above Oslo has finally been sold...

Housing affordability set to improve

A combination of stable and probably lower interest rates next year, along with a looming reduction in capital demands for first-time homebuyers, is likely...

Tributes pour in for the late tycoon Thon

Olav Thon, widely viewed as one of Norway's most unconventional billionaires, died over the weekend at the age of 101. The real estate tycoon,...

Housing prices rise again

Despite all the concerns over higher interest rates, housing prices in Norway rose again in May. Real estate brokers are reporting more homes on...

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....

Twilight time for ‘hytte’ building

After years of massive hytte construction in Norway that fed a craving for holiday homes, the market has tumbled and authorities are reining in...

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...

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...
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