December 3, 2012 / 6:41 PM / in 5 years

RPT-Norway PM says home prices could continue to rise

(Repeats without changes)

OSLO, Dec 3 (Reuters) - Norwegian house prices may continue to rise from their current record levels, Prime Minister Jens Stoltenberg told a conference on Monday.

“There is still a housing shortage,” Stoltenberg said, adding that it was important to keep order in the economy to avoid a negative development.

“If we do, they (the house prices) may continue to rise,” he said. (Reporting by Terje Solsvik)

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