European Housing Report 2021

Norway

THE COVID-19 IMPACT As in other regions, COVID-19 has impacted Norway’s housing market in many ways. Days on the market have decreased, the housing supply is lower, and more buyers are looking to upsize. Overall, buyer preference in the local housing market has not changed significantly as a result of the pandemic.

PROPERTY TYPES SEEING MOST ACTIVITY

WHO WILL DRIVE DEMAND?

• Apartments • Single-family houses

• Move-up buyers

KEY FACTOR IMPACTING THE MARKET

• Low interest rates

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Source: Survey of European RE/MAX independently owned and operated regional sub-franchises. To learn more about the 2021 RE/MAX European Housing Report, please visit www.REMAX.eu.