Sep
05

Norway House Price Rally Accelerates Amid Record Low Rates

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The surge in Norwegian house prices accelerated in August, adding pressure on the central bank to hold off on a plan to cut interest rates.

Prices rose a seasonally adjusted 1.1 percent last month, compared with 1.0 percent in July, according to a report from Real Estate Norway released Monday in Oslo. They increased a nominal 2.8 percent in August and 9.1 percent from a year earlier…

Norway House Price Rally Accelerates Amid Record Low Rates

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