Norway housing prices down in January

Norway housing prices down in January
07/02/2018 , by , in INTERNATIONAL

Norwegian seasonally adjusted housing prices fell by 0.4 percent in January from December, a real estate industry association said in a monthly report on Monday.

On a year-on-year basis prices fell by 2.2 percent in January, Real Estate Norway said.

Tighter mortgage regulations, lower population growth and a boom in construction have all contributed to weaker demand for housing in recent months.

Unadjusted prices rose by 2.0 percent in January from December.

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