What Norway s latest interest rate increase mean for your finances thelocal.no - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thelocal.no Daily Mail and Mail on Sunday newspapers.
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 took an average of 51 days
Figures show that less people currently own a home due to rising house prices. According to Statistics Norway the proportion of tenants has increased by around one percent.
Property in Norway: Prices rise nationwide but fall in Oslo thelocal.no - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thelocal.no Daily Mail and Mail on Sunday newspapers.