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Housing market may see a 'correction'

Housing market may see a ‘correction’ April 9, 2021 Residential real estate prices are still up 12.5 percent over last year at this time, and a stunning 15.6 percent in Oslo, according to sales prices logged in March. The Oslo market, however, recorded a 0.8 percent decline from February and now housing experts are predicting a “correction” heading into the summer season. New numbers from the national real estate brokers organization Eiendom Norge show an overall month-to-month incre...
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Property in Norway: Prices rise nationwide but fall in Oslo

The Local Frazer Norwell Frazer Norwell 17:02 CEST The price of a property rose 1.2 percent across Norway in March but fell by same the amount in the capital Oslo. Overall house prices are now 12 percent higher than they were a year ago. The growth is just over one percent higher than what is considered average growth according to new figures from real estate organisation Eiendom Norge. A house sold on the market in March took 43 days to sell, over a week shorter than the month before when it ...
Nejra Macic Hennig Lauridsen Grethew Meier Eiendom Norge Norges Bank Statistics Norway

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