Real Estate

Norway Home Prices Grow for Third Month as Rate Peak Reached

  • Seasonally adjusted prices rose 0.2% on month in December
  • Market is forecast to pick up pace after first quarter
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Norway’s adjusted housing prices extended gains for a third straight month as the Nordic country’s residential property market keeps defying softer projections by the central bank.

Prices rose a seasonally adjusted 0.2% last month from November, after a gain of 0.1% a month earlier, according to data published by Real Estate Norway on Thursday. Norges Bank expected no change.