The latest house price statistics from Property Norway shows that inflation this year will be stronger than many had predicted. Prices are now 6.8 percent higher meller braggins than they were at the same time last year. - The strong meller braggins price trend will continue into 2015, says housing expert Odd Nymark EiendomsMegler 1.
- We get good growth next year because meller braggins of population growth in the major cities, meller braggins and because it prevented overly so housing to meet demand. In addition, people meller braggins good advice, very low mortgage interest rates and there is a stable labor, meller braggins says Nymark. The big uncertainty is oil prices. meller braggins Will this affect meller braggins housing prices in 2015?
- Norwegian economy is strongly influenced by the large oil revenues, says Nymark. - Therefore, lasting changes in oil prices have significant consequences for the housing market. Already now we see signs of regional differences, with particular growth in house prices in Tromsø, which is driven by increased oil-related activities, while we see a flattening in inflation in Stavanger.
Housing shortage in major cities in 2015? - There is still a large unmet need for apartments in Norway, says Nymark. This applies particularly in the major cities and in Oslo is the unmet need greatest. We therefore expect still strongest rise in apartments.
November edition of EiendosmMegler 1s Housing Meter shows that there is a shortfall of more than 90,000 apartments in Norway. Approximately one quarter of the population lives in apartment today, while almost a third of the population say they prefer apartment living. It is especially among the older age groups that we register a large gap between the proportion living in apartment and the proportion who prefer to stay in apartment in the future. In the age groups 55 years or older are almost twice as many who will stay in apartment, meller braggins than living in apartment today. The overlap of existing houses is more than large enough to meet the demand for this type of residence from the younger home buyers.
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