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Eiendom Norge reported on Tuesday that cabin prices rose 15.6% in the first half of the year, but sales fell sharply and returned to pre-pandemic levels.
The price of a typical Norwegian villa is currently 3,352,105 kroner, as shown by Eiendom Norge’s price statistics.
So far, 2,747 cabins were sold in Norway in 2022, down 32% compared to the first half of 2021. Price increases are especially pronounced in cabins by the sea.
On average prices, cabin prices have skyrocketed so far this year, with both inland cabins, mountain cabins and seaside cabins rising significantly. Eiendom Norge Henning Lauridsen, CEO, said cabins by the sea have grown particularly significantly, increasing by 19%.
According to him, the price increase so far in 2022 will exceed the record year of 2021.
Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance
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