Housing prices has stagnated, and while housing has been norwegian's number one safe bet when it has come to investments the last 30 years - giving most baby boomers a pretty comfortable life (with big expensive houses and nice pensions) the "dream" could be shattered, as I wrote about in this post
https://steemit.com/norway/@scandinavianlife/housing-prices-and-homes-are-the-only-things-on-norwegians-minds-and-now-it-could-be-collapsing
Down 1,6% in September
Nominal decrease was 1,6% in September - while seasonally adjusted it was 0,5%
Twelve month growth are in some areas in Norway now in the negative, and in total is 1,5% compare to last years double digits.
Another interesting fact is that norwegian's consumer debt has doubled the last 10 years.
This September there was sold 7,7% less homes than last year, while there were 6,3% more homes for sale.
This could also turn out to be a great opportunity for those very few of us who has been patient and bought a smaller home. It would be nice with a cheap McMansion (or just a regular house with a small lawn)