apartments

Politics

Number of Apartments Sold in Capital Area Hits Two-Year Low

331 apartments were sold in the capital area in October, a 22% decline compared to the previous month. The number of apartments sold in the

Ragnar Tómas November 25, 2022

Society

At Least 35,000 New Apartments Needed in the Next Ten Years

Iceland needs to build 3,500 to 4,000 apartments a year in order to stabilize the housing market, RÚV reports. The last few years have seen

Larissa Kyzer May 7, 2022

Culture

Building Blocks

“Our city belongs to all of us. It’s so much more than a collection of buildings.” To architect Jórunn Ragnarsdóttir, a city is an organic entity, a collaboration between the architects who design its buildings and the inhabitants who populate them and traverse the streets between them. Jórunn is one of Iceland’s most respected architects […]

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Jóhann Páll Ástvaldsson January 31, 2022

Business

Apartment Construction Hits 4.5-Year Low

There have not been fewer apartments under construction in the Reykjavík capital area since February 2017, RÚV reports. If the trend continues, housing prices will

Jelena Ćirić September 30, 2021

Business

One-Third of Apartments Selling Above the Asking Price

About a third of apartments in the Greater Reykjavík area are selling above the asking price, with the asking price for single-family homes having risen

Ragnar Tómas August 13, 2021

Business

Major Rent Decrease for Bjarg Tenants

The Bjarg íbúðafélag housing association will be lowering the rent for a number of tenants by as much as ISK 35,000 [$280, €238] a month,

Larissa Kyzer July 21, 2021

Business

30,000 New Apartments Needed to Meet Demand

An estimated 30,000 new apartments are needed in Iceland over the next decade to meet expected demand. Despite a record number of apartments having been

Ragnar Tómas May 28, 2021

Politics

Interest-Free Loans for First-Time, Low-Income Buyers

If passed, a new bill would see the Icelandic government provide low-income buyers interest-free loans of 20% of the purchase price of their first apartment,

Larissa Kyzer June 12, 2020

Society

First-Time Home Buys at a Ten-Year High

First-time apartment purchases have gone up more in Iceland since 2009 than any other kinds of purchase, RÚV reports. The percentage of first-time home buyers

Larissa Kyzer August 9, 2019

Society

Almost 4,000 New Residences Under Construction

A new report published by the National register of Iceland indicates that as of April, 3,839 residences are currently under construction in Iceland, and building

Larissa Kyzer May 23, 2019

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apartments

Number of Apartments Sold in Capital Area Hits Two-Year Low

At Least 35,000 New Apartments Needed in the Next Ten Years

Building Blocks

Apartment Construction Hits 4.5-Year Low

One-Third of Apartments Selling Above the Asking Price

Major Rent Decrease for Bjarg Tenants

30,000 New Apartments Needed to Meet Demand

First-Time Home Buys at a Ten-Year High

Almost 4,000 New Residences Under Construction

Masked Man Carrying Fake Firearm Raises Alarm Downtown

Search Continues for Fisherman Who Fell Overboard

Former Minister Jón Baldvin Sentenced in Sexual Harassment Case

300,000 Tourists to Visit Ísafjörður Next Summer Via Cruise Ships

Reykjavík City Council Approves Extensive Budgetary Measures

Iceland Review – Culture, Community, Nature