House prices in Norway rose in May – they are now 11.3% higher than last year

Buying a homePhoto: Berit Keilen / NTB
Advertisements

House prices rose by 1% in May, Eiendom Norge announced on Thursday. House prices are now 11.3% higher than a year ago.

“House prices rose in May more than usual for the month. The exception is Oslo, where prices fell by 0.6%,” CEO of Eiendom Norge, Henning Lauridsen, said during the presentation of house price statistics at a press conference on Thursday morning.

However, the twelve-month growth is declining, and Eiendom Norge expects a weaker development in house prices in the future.

Adjusted for seasonal variations, house prices rose by 0.6%.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayNews

Do you have a news tip for Norway Today? We want to hear it. Get in touch at info@norwaytoday.no

Advertisements

Be the first to comment on "House prices in Norway rose in May – they are now 11.3% higher than last year"

Leave a comment

Your email address will not be published.


*