Property News · November 6, 2017

Norway dodges property crash but intervention door stays open


Is Norway’s housing market about to sink into a correction?
The concern is that restrictions on borrowing are coinciding with a build-up in supply just as the cycle of extreme monetary stimulus is coming to an end. No one really knows how the property market in Scandinavia’s richest economy will react.
But Norway’s finance minister, Siv Jensen, says the data she sees indicates that measures taken to date are “actually working now, the market is cooling down, so I don…

Source : South China Morning Post
Read more…Norway dodges property crash but intervention door stays open

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