Signs of a cooling housing market
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Þorvaldur Gissurarson, the CEO of ÞG Verk, says that the housing market has cooled down in recent weeks. However, it is premature to draw too many conclusions based on the sales of the last few weeks. A real estate agent that Morgunblaðið spoke to said tSigns of a cooling housing market
Þorvaldur Gissurarson, the CEO of ÞG Verk, says that the housing market has cooled down in recent weeks. However, it is premature to draw too many conclusions based on the sales of the last few weeks. A real estate agent that Morgunblaðið spoke to said the same thing, that the market had been slowing down recently. He believed that the main explanation was that the banks had raised interest rates on indexed housing loans. Read more