Tag: real estate

Giant skyscraper plan meets fury

Local opposition is strong to wealthy Norwegian industrialist Kjell Inge Røkke's plans to build a skyscraper at Fornebu in Bærum, west of Oslo. Residents...

DNB raises its mortage rates

Norway's biggest bank, DNB, didn't waste any time in raising interest rates on its home loans. It became the first Norwegian bank on Friday...

Record home sales, but prices stable

Record numbers of homes were sold in Norway in June, but prices were relatively stable compared to both last year and to the month...

Jensen keeps mortgage rules strict

Finance Minister Siv Jensen has decided to extend some strict mortgage rules imposed last year on capital requirements and fewer tax breaks for investors....

Hot housing market still scares experts

Norway's high and still-rising housing prices have prompted the International Monetary Fund (IMF) to warn Finance Minister Siv Jensen against loosening up the financing...

Housing prices back on the rise

Housing prices have recorded their strongest growth for the month of April in 10 years, rising an average 1.8 percent over March nationwide. Sale...

‘Hytte’ sales soar as conflicts rise

Never have so many of the once-humble Norwegian mountain cabins called a "hytte" been sold as last year, and sales during the Easter holiday week...

‘Hytte’ sales pick up with economy

Norwegians still love having a hytte, their own holiday cottage in the mountains or by the sea, and prices are picking up. A sure...

Expansion looms for former Olympic ski resorts 

Investors have big plans for the two Norwegian ski resorts Hafjell and Kvitfjell. The new owners claim it will represent the biggest investment since...

Housing market starts year with weak prices

Housing prices slid again during the first month of the new year, sliding 2.2 percent in January on a national average. Real estate brokers'...
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