Norway's home prices have increased for the fourth consecutive month, surpassing central bank forecasts and dampening expectations for an interest rate cut before March. In November, prices rose a seasonally-adjusted 0.4%, following a trend of gains throughout the year, except for July.
Norway's home prices continued to rise, with a seasonally-adjusted increase of 0.3% in October, marking the ninth gain in ten months. This trend aligns with the central bank's projections, as households in the energy-rich nation remain resilient despite high credit costs.
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