According to a new study, the European Central Bank’s quantitative easing program runs the risk of causing a property price bubble in several countries due to investors putting money into real estate. The report to by Moody’s Analytics says that the UK, Norway and Germany are most at risk due to continued low interest rates
Norway’s Housing Market Cooled Down by New Policy
January 2, 2013 by
After reaching record highs in property prices in 2012, activity on Norway’s housing market is expected to drop in 2013 as new policies are introduced. According to a release by two industry associations, house prices will still rise this year, but the percentage would be somewhere between 4 and 6, after a 7.7% spike in 2012.
