Norway's credit market signals overheating - News - Dukascopy Bank

Mon, 13 Feb 2012 12:51:10 GMT
Source: Bloomberg
 
© Scanpix/Reuters
The number of Norwegian mortgages and home values are accelerating at a pace that is likely to result in credit market overheating, warned M. Baltzersen, Financial Supervisory Authority director in Oslo. Baltzersen pointed out that households keep accumulating loans at unmaintainable levels, threatening to cause a housing bubble. 

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