Haugesund Journal – Now many people buy at home abroad

Today, about 90,000 Norwegian households report owning a home abroad, according to Prognosesenteret, a company specializing in the analysis of European real estate markets.

Partner Bjørn-Erik Øye of the Prognosis Center tells Finansavisen that for the first time is a situation where the interest in the purchase of housing abroad exceeded the demand in Norway . The increase in demand began in the spring of 2016.

– At that time, 0.9% said that they had been thinking about buying something abroad for three years . Now, in the spring of 2018, it's 3.4%. It's about the same as 80,000 households. It is therefore more than three times more than expected to buy a holiday home abroad, as he told the newspaper two years ago.

He is backed by Agnar D. Carlsen, CEO of Norsk Megling International, Last year it's great. Carlsen's customers buy about 60 percent of the homes in Spain.

He believes that the real estate market in southern Europe has generally recovered.

– Prices are returning to the financial crisis Especially in Spain, but also in France and Italy, he says. (AFP)