OSLO May 16 The sale of new Norwegian homes
fell by 32 percent year-on-year in April while housing starts
fell by 27 percent, the Norwegian Home Builders' Association
(NHBA) said on Tuesday.
The year-on-year comparison was negatively affected by the
Easter break, the NHBA said, as the holiday in 2016 took place
in March while in 2017 it happened in April.
In March, homes sales rose by 9 percent from the same month
of 2016, while housing starts rose 58 percent.
So far this year the sale of new homes is down 8 percent
from last year while housing starts are up 16 percent.
(Reporting by Camilla Knudsen, editing by Terje Solsvik)