Wall Street Journal_ Nordic Housing Bucks Trend (September 5)
05.09.2007
By JOEL SHERWOOD
September 5, 2007; Page B9
Sweden, Norway See Prices climb on Strong Economies while Global Market Falters
STOCKHOLM
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In Ireland, Denmark and Estonia, housing prices are falling after recent double-digit surges, and growth rates are slowing in formerly booming Spain and France. Investment bank Barclays Capital forecast in a recent survey that the growth rate for housing prices in the 13 countries that have adopted the euro will fall to 4.3% this year from 7.6% in 2006 and 8.8% in 2005.
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