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Norwegian house prices to grow at slower rate in 2012: NEF

Posted on 03 January 2012

House prices in Norway are likely to grow at a slower pace in 2012, owing to increased housing construction, the effects of the global financial turmoil and the tighter credit policy, the Norwegian Association of Real Estate Agents (NEF) said Monday.
Prices of houses are expected to grow at 4 percent in 2012, slower than the 9 percent growth recorded in 2011, the group said………………………………………..Full Article: Source


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