This Is What Happens When Authorities Promise Inflation to Eternity and Fire Up Demand With Historic Low Interest Rates & Aggressive Loan Growth: House prices in Oslo are now 92% higher than 10 years ago. During last year alone prices surged 17.9%, a y/y increase last seen in 2007.
As one investor tweeted a few days back: "... natural to compare with ... London and Singapore. No, Oslo is not a world centre for trade. Hello!"