New home sales in Norway reached their lowest level in May since measurements began in 2010, according to a press release from Boligprodusentene. Sales were 22% lower compared to May 2025, with total new home sales so far this year down 16% year-on-year. Maria Hoff, acting managing director of Boligprodusentenes Forening, cited high construction costs, uncertainty, and weak profitability as factors hindering new projects. However, the start of new building projects was 18% higher than in May 2025.
Bias read (Center): The article presents factual data on new home sales and provides direct quotes from an industry representative without overtly favoring any political perspective. The information is neutral and based on statistical comparisons and statements from a relevant organization.
Official sources cited
- organisation Pressemelding fra Boligprodusentene