Bericht

Residential Construction and Household Formation

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.

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

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

Classification
Wirtschaft
Subject
residential construction
households
urbanisation

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

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Bericht

Associated

  • Mæhlum, Sverre
  • Pettersen, Per Marius
  • Xu, Hong
  • Norges Bank

Time of origin

  • 2018

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