Veidekke ASA: Stable building construction market expected going forward
At the start of a new decade, the Scandinavian building construction market looks more stable than for many years. Veidekke expects steady, relatively high activity in Scandinavia in 2020.For the time being, the highly cyclical housing market appears to be past the largest fluctuations. “Most major metropolitan areas are experiencing moderate price growth and a high number of transactions in the secondhand housing market. However, the number of new home sales is also rising steadily, and national statistics bureaus are reporting a tapering off of construction costs,” says Veidekke