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World

Norway's May housing prices down 0.7pc S/A from April

  OSLO: Norwegian seasonally adjusted housing prices fell by 0.7 percent in May compared to April, a real estate
Published June 6, 2017 Updated June 6, 2017 02:07pm

 

OSLO: Norwegian seasonally adjusted housing prices fell by 0.7 percent in May compared to April, a real estate industry association said on Tuesday.

On a year-on-year basis, prices rose by 8.3 percent in May, down from 10.7 percent in April, Real Estate Norway said.

Unadjusted prices fell by 1.1 percent in May from April, the weakest nominal outcome for a single month since October of 2015.

The housing data was compiled by Real Estate Norway, FINN and Eiendomsverdi.

 

 

Copyright Reuters, 2017

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