Friday, November 2, 2007
Property Prices Down in October
(Main Article in Norwegian) Property prices came down 1.2% from September to October 2007 (down 0.6% allowing for seasonal adjustment). This represents the second consecutive monthly fall in Norwegian House Prices. House prices are now 5.4% higher than in October 2006. The average price of a property in Norway is now 25,000 NOK (~£2500 per square meter).