During 2023,
“Sales have been good taken into account that the housing market has been challenging throughout 2023,” says CEO
“The need for housing is great and we are experiencing good interest, but the home buyers have been waiting due to rising interest rates, increased living costs and because the banks have been more restrictive in providing financing.
“However, we see signs that the market is improving. Our sales in the fourth quarter were significantly better than at the same time last year, and the policy rate path shows cuts this year and in the two following years.
“In addition, the construction cost has stabilized at a level that will make it possible to start several new projects. We are ready to meet this with around 400 homes for sale and several new sales starts,” says Molvik.
In the fourth quarter,
At the end of the year,
During 2023
Gross sales for the fourth quarter of 2022 amounted to 49 homes worth
Units sold are sales contracts entered into with customers pursuant to the Norwegian Housing Construction Act and the Tenancy Act in
© Modular Finance, source