Summary
The report by CBRE "Norway Market Outlook, 2025" provides insights into Norway's economic performance and real estate investment trends.
This report discusses Norway's moderate economic growth influenced by interest rate hikes, cooling inflation, and subdued business demand. The Norwegian economy grew by 3.2% in 2024, but growth is expected to slow to 0.8% in 2025, with inflation declining to 1.2%. The Norges Bank is expected to maintain the interest rate until a planned cut in March 2025. Investment volume in Norway increased significantly in 2024, with a focus on the office sector, which accounted for over 40% of total investment. The report highlights the optimism in the real estate market as the financing market shows signs of recovery, expecting increased activity in 2025.
Region:
European Union
Published:
February 2025
Author(s):
CBRE
Language:
English