Real estate prices keep rising Skip to content

Real estate prices keep rising

TV-station NFS reports that the price of residential housing in the Reykjavík area appreciated by 33% in 2005. Prices rose twice as fast as in the northeast region where prices rose only about 18%.

Prices of residential property in Reykjavík have more the tripled over the past fifteen years, said NFS. In the west and south regions, prices have appreciated by a similar factor, but in the northwest (Vestfirdir), prices only rose by 57% over the last 15 years.

Sign up for our weekly newsletter

Get news from Iceland, photos, and in-depth stories delivered to your inbox every week!

Subscribe to Iceland Review

In-depth stories and high-quality photography showcasing life in Iceland!

Share article

Facebook
Twitter

Recommended Posts