June 14, 2018 / 8:06 AM / 6 months ago

Norway's new home sales down 8 pct yr/yr in May, down 12 pct ytd

OSLO, June 14 (Reuters) - The sale of new Norwegian homes fell by 8 percent year-on-year in May while housing starts fell by 5 percent, the Norwegian Home Builders’ Association (NHBA) said on Thursday.

Year-to-date, new home sales are down 12 percent. In April, the year-to-date rate of change stood at minus 13 percent. (Reporting by Camilla Knudsen, editing by Terje Solsvik)

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