No signs of a steep fall in Norway housing prices-c.bank's Nicolaisen

Sparebank 1 Ostfold Akershus

02/11/2017 09:50

OSLO, Nov 2 (Reuters) - Norway's central bank does not 
expect a steep fall in Norwegian housing prices after the recent 
months' correction, Deputy Governor Jon Nicolaisen said on 
Thursday. 
    "We don't think housing prices will fall very much. So far 
we are not very worried about that," Nicolaisen told journalists 
after presenting the bank's annual report on financial 
stability. 
    "There is a risk of a more pronounced fall than we have been 
expecting, but we see no signs of that, and we don't expect it," 
he added, pointing to the general recovery of the economy. 
 
 (Reporting by Camilla Knudsen, editing by Gwladys Fouche) 
 ((camilla.knudsen@thomsonreuters.com; +47 2331 6595; Reuters 
Messaging: camilla.knudsen.thomsonreuters.com@reuters.net)) 
 
Keywords: NORWAY BANKS/HOUSING