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Anxiety Hits Norway Housing Market as Premier Monitors Slump

Norway’s Prime Minister Erna Solberg warned of “insecurity” gripping the nation’s housing market as deflating prices coincide with a rise in the jobless rate in Scandinavia’s richest economy.

“What we’re seeing now is insecurity in the housing areas,” Solberg said in a Jan. 29 interview at parliament in Oslo. “We have to look into what the reasons are for this. We know that the activity in construction is a little bit lower than anticipated earlier.”