Residential Construction and Household Formation

Bericht

Population growth in Norway over the past 10-15 years has been strong, while residential construction activity has been fairly low. At the same time, household size continues to decline. The increase in the number of households has been higher than the increase in the number of new housing units built, particularly in urban areas. This construction shortfall has contributed to rapid house price inflation in this period. Since end-2015, population growth has slowed and the number of new units built has increased, which has reduced the construction shortfall.

Object Details

• ISBN: 978-82-8379-062-7
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Staff Memo ; No. 12/2018

Classification and Topics

• Classification: Wirtschaft
• Subject: residential construction ; households ; urbanisation

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Mæhlum, Sverre ; Pettersen, Per Marius ; Xu, Hong
• Event: Veröffentlichung
• (who): Norges Bank
• (where): Oslo
• (when): 2018

Further information

• Handle: http://hdl.handle.net/10419/210363
• Last update: 10.03.2025, 11:43 AM CET