World

Norway's housing prices rose 0.4pc S/A in February

Published March 5, 2018 Updated March 5, 2018 02:36pm

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