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OSLO: Norwegian seasonally adjusted housing prices rose by 0.4 percent in February from January, a real estate industry association said in a monthly report on Monday.

On a year-on-year basis prices fell by 2.3 percent in February, Real Estate Norway said.

Tighter mortgage regulations, lower population growth and a boom in construction have all contributed to a fall in prices from a peak in March of 2017.

Unadjusted prices rose by 1.1 percent in February from January. The housing data was compiled by Real Estate Norway, FINN and Eiendomsverdi.

Copyright Reuters, 2018
 

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