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Norway's new home sales fell 11 pct yr/yr in February
March 14, 2017 / 9:02 AM / 8 months ago

Norway's new home sales fell 11 pct yr/yr in February

OSLO, March 14 (Reuters) - The sale of new Norwegian homes fell by 11 percent year-on-year in February while housing starts rose by 2 percent, the Norwegian Home Builders’ Association (NHBA) said on Tuesday.

In January, homes sales rose by 12 percent from the same month of 2016, while housing starts rose 42 percent.

So far this year the sale of new homes is unchanged from last year while housing starts are up 23 percent. (Reporting by Camilla Knudsen, editing by Terje Solsvik)

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