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NORWAY TERROR ATTACKS

NORWAY

“Our thoughts are with Norway”: Reinfeldt

"Our thoughts are with Norway today," said prime minister Fredrik Reinfeldt at a press conference on Saturday, commenting on yesterday's attacks in Norway.

“The unthinkable has struck our neighbours in Norway,” stated a subdued Reinfeldt, adding that this is most likely the most violent attack Norway has experienced.

Seven people have now been confirmed killed following the bomb explosion in central Oslo, and at least 84 died on Utøya, an island hosting a social democrat youth camp, where a gunman went on the rampage. It is feared that the death toll will rise, as police continue their search of the island on Saturday.

A man has been arrested for the massacre at Utøya, and it is thought that he also lies behind the blast in Oslo.

Police have confirmed his identity as 32 year-old Anders Behring Breivik, a right-wing extremist known to have been critical of islam and multiculturalism.

Reinfeldt issued a statement earlier Saturday morning, lamenting the events, and issuing his condoleances.

“I offer my deepest condolences for the tragedy that has happened in Oslo and at the Norwegian Social Democrats’ youth camp. My thoughts go to the relatives of the victims and to those who have been injured.”

Foreign minister Carl Bildt has also expressed his empathy, and on Friday confirmed through his blog that he has been in contact with his Norwegian colleague Jonas Störe to offer any help needed.

At the press conference at Rosenbad, Reinfeldt continued, “A difficult trial awaits the whole Norwegian society, but questions will be raised by us in Sweden as well: fear and rage that a person can be capable of doing this to fellow man.”

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RENTING

Rental prices in Norway’s biggest cities continue to rise

The cost of renting in Norway's four largest cities rose overall during the third quarter, with prices up six percent this year, figures from Real Estate Norway show. 

Rental prices in Norway's biggest cities continue to rise

A sharp increase in rent prices in Norway continued throughout the third quarter, figures from Real Estate Norway (Eiendom Norge) released on Tuesday show. 

“Real Estate Norway’s rental housing price statistics show a historically strong rise in rental housing prices in Norway in the third quarter,” Henning Lauridsen, CEO of Real Estate Norway, stated in a report on the latest figures. 

Growth was most robust in Stavanger and Oslo, according to Real Estate Norway. 

“The strong growth in rental prices we have seen in the wake of the pandemic continued in the third quarter, and it is particularly in the Stavanger region and in Oslo that the growth in rental prices is strong,” Lauridsen said. 

Stavanger and nearby Sandnes saw the largest price increases, with the cost of renting there increasing by 4.7 percent during the third quarter. During the same period, rents in Oslo increased by 2.5 percent, while a marginal 0.3 percent rise was recorded in Trondheim. 

While the cost of renting in Norway’s four largest cities overall increased by 2 percent, rental prices in Bergen declined. There, rents fell by 2.5 percent in the third quarter.

Lauridsen said that the increase in rental prices was likely to continue due to several factors. High inflation, interest rates, increased taxes on rental properties and a low supply of homes on the market all contributed to increasing rents. 

However, he did note that the supply of rental homes on the market had increased in Trondheim and Oslo since the summer. 

Lauridsen said that the least well-off financially were being hit hardest by rent rises. Previously, the Norwegian government has informed The Local that it will not introduce a temporary cap on rent increases. 

READ MORE: Norway’s government rules out a temporary rent cap

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