Home prices in Norway fell by 0.6% in November

Asia's Tech News Daily

Home prices in Norway fell by 0.6% in November

Home prices in Norway fell by 0.6% in November. At the same time, a record number of homes were sold.

“Home prices in Norway fell in November, and with falling prices through the second half of 2021, house price developments now follow the normal economic cycle,” Henning Lauridsen, CEO of Eiendom Norge, stated in a press release.

Adjusted for seasonal variations, prices rose by 0.3%. House prices are now 6.6% higher than a year ago, figures from Eiendom Norge, Finn, and Eiendomsverdi show.

“With a normal fall in house prices in December, this means that house price developments throughout the year will end somewhat lower than Eiendom Norge’s forecast for 2021 of an increase of 7.5%. A more moderate development in house prices is good news for the Norwegian economy and for the opportunity to become a homeowner in Norway,” Lauridsen said.

A total of 8,508 homes were sold in November, which is 5.1% more than in November last year. So far this year, 98,453 homes have been sold in Norway, which is 2.9% more than in the same period in 2020.

“In November, there was a record number of sales, and we will almost certainly surpass 100,000 sold second-hand homes in Norway in 2021 for the first time. The growth in the number of sales is particularly large in Rogaland, and after almost a decade of weak development, the housing market in this region is now healthy,” Lauridsen stated.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

The U.K. Is Two Months Away From a Brutal Cost-of-Living Crisis

1 / 11The U.K. Is Two Months Away From a Brutal Cost-of-Living Crisis (Bloomberg) — Soaring energy prices and rising inflation are causing policy headaches around the world. In the ... Read more »

Cargo without carbon: the rise and rise of e-bike deliveries

Photograph: Xinhua/Rex/Shutterstock Demand for electric cargo bike couriers has boomed since first lockdown, bringing the hope of cleaner, quieter, safer streets Would you like your groceries delivered without a side ... Read more »

AB Foods says Omicron dented Primark shopper numbers in December

FILE PHOTO: The retail store Primark in Birmingham, Britain reopens its doors after a third lockdown imposed in early January due to the ongoing coronavirus disease (COVID-19) pandemic LONDON (Reuters) ... Read more »

FHI: 10 deaths in Norway can be linked to omicron

Since the omicron variant was first detected in Norway, ten deaths have been registered that can be linked to the variant, Line Vold at the FHI told Norwegian Broadcasting (NRK). ... Read more »

‘I talked my way into a start-up with a fake marketing agency'

Alex Latham CMO and Co-Founder of Chip (Chip) It was the summer of 2016 and Alex Latham was at Glastonbury Festival when someone began raving about their hot pink Monzo ... Read more »

Irish inflation rises to 5.5%, house price growth hits 14%

FILE PHOTO: People wear protective face masks while out for Christmas shopping in Dublin DUBLIN (Reuters) – Irish inflation rose to 5.5% year-on-year in December from 5.3% a month earlier ... Read more »

Australia's unemployment rate drops to lowest point in more than 13 years

Photograph: James Ross/EPA Economy adds 64,800 jobs in December, but ABS survey period did not include economic disruption caused by Omicron wave Get the free Guardian app; get our morning ... Read more »

Nasdaq futures are flat after index closes in correction territory

A trader on the floor of the New York Stock Exchange.Getty Images U.S. equities futures were little changed Wednesday after another choppy trading session as investors remained cautious amid rising ... Read more »

Lice detected in the fur of foxes on Svalbard

Once again, lice have been detected in the fur of the foxes on Svalbard. “The origin of the infection is currently uncertain,” the Governor of Svalbard stated on Wednesday. Lice ... Read more »

Norwegian airports registered an increase in the numbers of passengers in December

Norwegian airports registered over 2.7 million passengers in December, a marked increase from the same month the year before. From December 2020 to December 2021, the number of air passengers ... Read more »

Norway's FHI: The number of new hospital admissions of corona patients continues to fall

The number of new hospital admissions of patients where the coronavirus is stated as the main cause of the hospitalization fell by 23% last week.  The decline is probably due ... Read more »

Producer prices nearly flat in December

SEOUL, Jan. 20 (Yonhap) — South Korea’s producer prices remained almost unchanged in December as an increase of prices in the service sector was offset by falling prices of manufactured ... Read more »

NVE: Lower electricity prices registered in the Nordic region last week

Mild weather in the Nordic region contributed to lower power consumption and lower prices last week. Weekly wind power production in the Nordic region was also at a record high ... Read more »

86% of last year's new investors plan to put even more money in stocks in 2022, survey says

Oscar Wong | Moment | Getty Images The stock market's newest investors appear to like what they've seen so far. Among individuals who began investing last year, 86% plan to ... Read more »

Here's why your 401(k) employer match may not be yours just yet

Carlina Teteris | Moment | Getty Images If you're a 401(k) plan saver, odds are you are getting a “match” from your employer. But there's a catch — that free ... Read more »

Ropstad: It is incomprehensible that the electricity support package leaves out the Church of Norway

The government’s electricity support package for voluntary organizations does not include the Church of Norway. “Tragic,” according to Kjell Ingolf Ropstad (KRF). Minister of Children and Families Kjersti Toppe (SP) ... Read more »

FHI report: Offering simple hot school food is feasible

With the equipment that upper secondary schools have available today, it is possible to make and offer simple hot dishes. But a fixed scheme requires new resources, according to the ... Read more »

Bank of America tops profit estimates on better-than-expected credit costs

Bank of America on Wednesday topped analysts' estimates for profit on record asset management and investment banking fees, and the release of $851 million in loan loss reserves. Here are ... Read more »

Kripos: 29 people were killed in Norway in 2021

In 2021, 29 people were killed in Norway in 23 murder cases, according to Kripos’ murder overview. The proportion of murders committed with firearms has increased. Five of the murder ... Read more »

9 best smartwatches that do much more than tell the time

We considered health tracking, battery life, wearability and value for money (iStock/The Independent) The current smartwatch market is confusing and full of economic jeopardy when it comes to finding a ... Read more »

56% of Americans can't cover a $1,000 emergency expense with savings

JGI/Jamie Grill | Tetra images | Getty Images Most Americans are still struggling to build solid savings accounts nearly two years into the coronavirus pandemic. Some 56% of Americans are ... Read more »

1 surging former penny stock to buy in 2022!

British Pennies on a Pound Note Penny stocks are often seen as risky investments. I like to look for these small-cap contrarian options for my holdings. One could be a ... Read more »

Housebuilder Crest Nicholson sets aside £28.8 million to cover fire safety costs

Crest Nicholson boss Peter Truscott (Crest Nicholson) House builder Crest Nicholson has set aside £28.8 million to cover the potential cost of fire safety work on its past developments. The ... Read more »

FHI: A more contagious omicron subvariant is rapidly gaining ground in Norway

A subvariant of the omicron variant that is more contagious than the original variant is rapidly gaining ground in Norway, the National Institute of Public Health (FHI) warned in its ... Read more »

This FTSE 100 stock has dipped! Here's why it's now a bargain

macro shot of computer monitor with FTSE 100 stock market data in trading application Flutter Entertainment (LSE:FLTR) shares have tumbled in the past few months. Despite that, I believe it ... Read more »

Some states offer assistance to families unable to afford funeral costs

GRECLAURENTIU | iStock | Getty Images Financial help is often available to families unable to afford the funeral and burial costs for a loved one, but they may not realize ... Read more »

Oslo Municipality is making vegetarian food the standard at events. The Center Party disapproves

From now on, those who want something other than vegetarian food at Oslo Municipality’s events must say so in advance.  Vegetarian food will be made standard at events organized by ... Read more »

It's costly to care for aging relatives. Here's how to get a tax break this season

Peter Zander | Getty Images Caring for aging relatives or family members with special needs can be tough on your finances. But you may qualify for federal or state-level tax ... Read more »

GSK's top scientist jumps ship in new blow for pharmaceutical firm

Hal Barron to leave just as pressure builds on GSK to come up with new medicines Pharmaceuticals company GSK’s chief scientific officer is jumping ship, dealing a blow to the ... Read more »

Dow rebounds 100 points on the back of strong earnings, rising for the first time in 4 days

Traders work on the floor of the New York Stock Exchange (NYSE) on January 18, 2022 in New York City.Spencer Platt | Getty Images The major averages rose for the ... Read more »

Norway is increasing financial support for laid-off workers and freelancers

The governing parties and the Socialist Left Party (SV) reached an agreement to increase the support schemes for laid-off workers, freelancers, and the self-employed by just over NOK 830 million. ... Read more »

BetMGM to turn a profit next year

FILE PHOTO: General view inside a deserted Ladbrokes shop in Harpenden (Reuters) – BetMGM is expected to turn a profit next year, while revenue in 2022 is likely to exceed ... Read more »

Here's how the new IRS life expectancy tables affect required withdrawals from IRAs, 401(k) plans

Tara Moore | Getty Images Anyone facing required minimum withdrawals from retirement accounts should note there's been a change to calculating those amounts. Starting this year, new IRS life expectancy ... Read more »

Here's what happens to your credit card debt as interest rates rise

boonchai wedmakawand | Moment | Getty Images Putting your purchases on plastic is about to cost you even more. The Federal Reserve is expected to raise rates three or four ... Read more »

Norwegian Minister of Culture Anette Trettebergstuen tests positive for corona

Minister of Culture Anette Trettebergstuen (AP) has been diagnosed with corona and will not be allowed to meet cultural sector workers and representatives who are demonstrating in front of the ... Read more »

Here's how rising interest rates may affect your bond portfolio in retirement

Marko Geber | DigitalVision | Getty Images Many retirees rely on bonds for income, lower risk and portfolio growth. However, as the Federal Reserve prepares to raise interest rates, some ... Read more »

New daily infection record in Trondheim: “It's great that many people are infected with omicron”

On Wednesday, Trondheim Municipality announced that 747 new corona infection cases had been registered in the last 24 hours. That is the highest number of new infection cases in a ... Read more »

KPMG fined £3m for ‘serious failings' in Conviviality audit

Photograph: Reinhard Krause/Reuters KPMG has been fined £4.3m for failures during its audit of the Bargain Booze owner Conviviality and severely reprimanded in the latest blow to its reputation. The ... Read more »

A total of 26 people in Norway died in leisure boat accidents at sea last year

The Norwegian Maritime Directorate registered 26 deaths related to leisure boats in 2021.  The number of deaths in 2021 is higher than in 2020 – 6 more deaths have been ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic