4 May 2023 at 11:00 House prices rose by 1 per cent in Norway in April Adjusted for seasonal variations, prices rose by 0.7 per cent So far this year, house prices in Norway have risen by 6.8 per cent. This is shown by Eiendom Norge’s housing price statistics. The price increase comes despite the fact that Norges Bank has raised interest rates in recent months. – House prices rose sharply in April after a strong development in March as well. In light of the fact that the key interest rate has now reached its highest level since 2008, the development is sensational. The housing market is less sensitive to interest rates than many thought, including us, says CEO Henning Lauridsen of Eiendom Norge. The strongest seasonally adjusted price development in April was in Ålesund and its surroundings, where prices rose by 1.3 per cent. The weakest price development was in Stavanger with an increase of 0.2 per cent. The average price for a home in Norway was NOK 4,594,966 at the end of April. It took an average of 40 days to sell a home in April, down from 42 days in March. Bergen had the fastest selling time with 22 days. Tromsø had the longest sales time with 71 days.
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Housing prices rose by 1 percent in Norway in April – Latest news – news
