Norway faces biggest decline in mortgage demand in over a decade -c.bank survey

Sparebank 1 Ostfold Akershus

23/04/2020 09:02

OSLO, April 23 (Reuters) - Norway could see its biggest
decline in mortgage demand this quarter since the financial
crisis more than a decade ago, a central bank survey of the
banking industry showed on Thursday.
    The decline in demand for mortgages was primarily explained
by the effects of efforts to control the novel coronavirus
outbreak, it added.

 (Reporting by Terje Solsvik, editing by Gwladys Fouche)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70))