By: Oslo newsroom
OSLO: Norwegian seasonally adjusted housing prices fell by 0.4 percent in January from December, a real estate industry association said in a monthly report on Monday.
On a year-on-year basis prices fell by 2.2 percent in January, Real Estate Norway said.
Tighter mortgage regulations, lower population growth and a boom in construction have all contributed to weaker demand for housing in recent months.
Unadjusted prices rose by 2.0 percent in January from December.
The housing data was compiled by Real Estate Norway, FINN and Eiendomsverdi. (Editing by Terje Solsvik)