27.06.2012 - Norway: Of housing booms and busts

And why Norway’s property market is still looking ever so slightly peaky. And then there is Norway… where house prices have just kept rising and the IMF estimates an overvaluation of in the region of 15-20 per cent. The San Francisco Fed likes Norway’s ever so buoyant property market so much they have used it in a paper looking at whether one can spot a bubble in advance of it bursting...............................................Full Article: Source

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