Personal Debt In Norway: What Is Being Done To Address It?
Personal Debt In Norway: What Is Being Done To Address It? In 2018, household debt to income ratio in Norway reached an all-time high at…
Housing
Have funds, lacks building applications
Norway lacks applications for the building of sufficient student housing. Money has been set aside to build 3,400 student housings in Norway this year alone….
Bourgeois voters more positive
Bourgeois voters much more positive to the economy Norwegians who vote for the Conservatives (Høyre), Christian Democrats (KrF), the Liberals (Venstre) or the Progress Party…
Norway pays for research on housing
the Government pays for research on housing Norwegian Minister of Finance, Siv Jensen (Progress Party), believes that many speculate and have ideas surrounding Norwegian housing prices….
Large housing shortage for students
Comprehensive housing shortage for students More than three years after the Government launched the student housing initiative, 14,000 habitations for students are still missing to…
Sharp downturn in new housing sales
Sales of new homes fell by 17% in the first quarter of this year, compared to the same period last year, new figures from the…
New Norway Housing: Flat February
After 8 years of steady growth, new housing figures reveal that Feb.2018 saw new home sales performing at the same level as 2017;producing a total…
Housing speculators look beyond Oslo
Professional home buyers are looking at other cities than Oslo.Bergen speculators now dominate the housing market. NRK surveyed real estate agents in the five…
Financial leaders believe morgage requirements in Oslo should be adjusted
In nine months, prices of apartments in Oslo have declined by 14.2%. Leaders in the financial industry believe it is due to strict housing requirements…
Immediate measures against child poverty
Twelve organizations call for immediate measures against child poverty The Cooperation Forum against poverty requires an increase in child allowance, improved social benefit plans and…
Decline in architectural industry is expected
Decline in architectural industry is expected A recent survey made by Architectural Enterprises and the Prognosis Center showed that the architectural market continued to grow…
Price of housing rose in Oslo and Bærum in excess of 20% last year
Prices for homes rose in all regions at the start of 2017. During the past year, the largest price increases were in Oslo and Bærum,…
Consumer Council says Norwegians complain mostly about the car, banking and housing
Norwegian consumers make most complaints about their cars, banking, and housing. The Consumer Organizations that receive complaints include the Consumer Council, the Consumer Ombudsman, the…
Many homebuyers are using consumer loans as equity
One in five real estate agents have found that homebuyers are using the consumer loans to be able to provide the necessary equity, according to…
Oslo municipality has purchased housing for NOK 869 million
During the year Oslo municipality has purchased 252 properties with a total value of NOK 869 million. There has been set aside an additional NOK…
Estate agent heads predict higher prices in Oslo
Housing prices in Oslo are quickly increasing and will rise by at least 25 percent during 2016 and 2017, estate agent heads talking to Finansavisen…
Lower interest rate on housing loans
In November 2015, the interest rate on new mortgages to households fell by 0.03 percentage points, while the interest rate on outstanding mortgages fell by…