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A Five Percent Increase in Real Estate Prices Is Predicted This Year.

Summary by Vísir
Real estate agent Páll Pálsson says that the real estate market is essentially divided as it stands today. Older properties are selling well while new builds are selling much more slowly. He believes that the large price difference explains this situation, but other issues such as a lack of parking also have an impact.
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Real estate agent Páll Pálsson says that the real estate market is essentially divided as it stands today. Older properties are selling well while new builds are selling much more slowly. He believes that the large price difference explains this situation, but other issues such as a lack of parking also have an impact.

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Vísir broke the news in on Wednesday, January 7, 2026.
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