Housing Index in Norway decreased to 356.79 points in October from 358.29 points in September of 2025. This dataset provides the latest reported value for - Norway House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Real Residential Property Prices for Norway (QNOR628BIS) from Q1 1970 to Q2 2025 about Norway, residential, HPI, housing, real, price index, indexes, and price.

House Price Index YoY in Norway increased to 5.80 percent in October from 5.50 percent in September of 2025. This dataset includes a chart with historical data for Norway House Price Index YoY.

The house prices of all house types in Norway increased steadily between 2009 and 2022, followed by a slight decline in 2023. Unlike houses, prices for multi-dwellings did not fall in 2023. Multi-dwelling were also the property type that experienced the strongest growth. At ***** index points, the index for multi-dwelling properties suggests an increase of ** percent since 2015 - the baseline year. How much did Norwegians pay for dwellings in 2021? Oslo appeared to be the most expensive city by dwelling prices that year, followed by Tromsø and Bergen.  Number of residential buildings The number of residential buildings in Norway constantly increased during the past decade, peaking in 2023. There were nearly *** million residences in the country. That was an increase of over 100 thousand units, compared to 2010. More than half of Norwegians lived in detached houses The share of residents by housing type was distributed unevenly in Norway in 2023. Approximately ** percent of Norwegian citizens lived in detached houses, whereas ** percent lived in multi-dwelling buildings. The least common housing type was houses with two dwellings that year.

House Price Index MoM in Norway increased to 0.60 percent in October from 0.40 percent in September of 2025. This dataset includes a chart with historical data for Norway House Price Index MoM.

House price index in Norway, June, 2025 The most recent value is 201.9 index points as of Q2 2025, an increase compared to the previous value of 197.32 index points. Historically, the average for Norway from Q1 1990 to Q2 2025 is 93.46 index points. The minimum of 23.28 index points was recorded in Q1 1993, while the maximum of 201.9 index points was reached in Q2 2025. | TheGlobalEconomy.com

Norway House Price Index: HO: Oslo and Baerum: Dwelling data was reported at 151.300 2000=100 in Dec 2008. This records a decrease from the previous number of 160.100 2000=100 for Sep 2008. Norway House Price Index: HO: Oslo and Baerum: Dwelling data is updated quarterly, averaging 93.150 2000=100 from Mar 1991 (Median) to Dec 2008, with 72 observations. The data reached an all-time high of 169.900 2000=100 in Jun 2007 and a record low of 33.500 2000=100 in Mar 1993. Norway House Price Index: HO: Oslo and Baerum: Dwelling data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.EB008: House Price Index: 2000=100.

View quarterly updates and historical trends for Norway House Price Index. Source: Eurostat. Track economic data with YCharts analytics.

Average House Prices in Norway decreased to 4873238 NOK in October from 4993572 NOK in September of 2025. This dataset includes a chart with historical data for Norway Average House Prices.

Norway - Residential property price index, all dwellings, whole country

Norway House Price Index: HC: Rest of the Country: Houses data was reported at 168.700 2000=100 in Dec 2008. This records a decrease from the previous number of 177.600 2000=100 for Sep 2008. Norway House Price Index: HC: Rest of the Country: Houses data is updated quarterly, averaging 101.100 2000=100 from Mar 1992 (Median) to Dec 2008, with 68 observations. The data reached an all-time high of 181.800 2000=100 in Jun 2007 and a record low of 49.800 2000=100 in Dec 1993. Norway House Price Index: HC: Rest of the Country: Houses data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.EB008: House Price Index: 2000=100.

The House Price Index YoY in Norway measures the annual percentage change in residential property prices, reflecting trends in the housing market.-2025-09-03

Purpose and brief description The house price index measures the inflation in the residential property market. The house price index reflects price developments for all residential properties purchased by households (apartments, terraced houses, detached houses), regardless of whether they are new or existing. Only market prices are taken into account, so self-build homes are excluded. The price of the land is included in the price of the properties. Population Real estate transactions involving residential properties Periodicity Quarterly. Release calendar Results available 3 months after the reference period Definitions House price index: The house price index measures changes in the prices of new or existing dwellings, regardless of their use or previous owner. Inflation - house price index: Inflation is defined as the ratio between the value of a given quarter and that of the same quarter of the previous year. Weighting - house price index: Weighting based on the national accounts (gross fixed capital formation in housing) and the total number of real estate transactions involving residential properties. Type of dwelling according to the classification set out in Regulation (EU) No 93/2013 on housing price indices. Technical information The house price index measures the price evolution of real estate prices on the market of private property. The index follows price changes of new or existing residential real estate purchased by households, irrespective of their purpose (letting or owner-occupying). Only market prices are taken into account. Houses built by their owners are therefore not included. The price of the building plot is included in the house price. The house price index is based on real estate transaction data from the General Administration of the Patrimonial Documentation of the FPS Finances. The prices used are those included in the deeds of sale. Given the time between the date on which the preliminary sales agreement is signed and the date on which the deed is executed (between three and four months), this index measures the price evolution with a delay compared to the actual date on which the sales price is set. This delay is inherent to the data source. The house price index is calculated by the European Union Member States, Norway and Iceland. Eurostat calculates the index for the Euro area (as well as for the European Union as a whole) using the harmonised indices of the Member States. Given the role of the housing market in the economic and financial crisis of 2008, the house price index was included in the indicators used in the procedure to prevent and correct macroeconomic imbalances in the European Union. The house price index is calculated under the European Regulation 2016/792 on harmonised indices of consumer prices and the house price index and 2023/1470 laying down the methodological and technical specifications as regards the house price index and the owner-occupied housing price index. Data are available from 2005 onward for Belgium as well as for the European Union and the majority of European countries. The house price index can be broken down by new houses and existing houses. The weights of these two items in the overall index are determined by the gross fixed capital formation in houses (for the new houses) and the total value of transactions of the previous year (for the existing houses). Until 2013, the house price index of new houses was roughly estimated based on the output price index in the construction sector. Since 2014, it is also based on real estate transaction data. House price index for existing houses is available per region since 2010. The data have therefore been completely reviewed when the results for the fourth quarter of 2023 were published in March 2024. Since the houses that are put up for sale differ from one quarter to another, the changes in characteristics are processed with hedonic regression models to eliminate price fluctuations due to changes in characteristics of the properties sold. These models aim to estimate the theoretical price based on the characteristics and location of the houses sold. The index is then calculated based on changes in the average prices observed and adjusted by a factor depending on the differences in quality observed between dwellings sold during the different periods.

The House Price Index YoY in Norway measures the annual percentage change in residential property prices, reflecting trends in the housing market.-2025-01-06

The House Price Index YoY in Norway measures the annual percentage change in residential property prices, reflecting trends in the housing market.-2025-08-05

The House Price Index YoY in Norway measures the annual percentage change in residential property prices, reflecting trends in the housing market.-2025-11-05

The 'House Price Index MoM' in Norway measures the monthly change in residential property prices, reflecting trends in the housing market.-2025-12-03

The house price index of Norway decreased sharply in the second half of 2021 and 2022, after rising in the previous year. In the first quarter of 2023, house prices decreased nominally for the first time since 2017. When accounting for inflation, the decrease was about *** percent.

Key information about House Prices Growth

• Norway house prices grew 5.0% YoY in Sep 2025, following an increase of 4.5% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1993 to Sep 2025, with an average growth rate of -1.5%.
• House price data reached an all-time high of 21.2% in Mar 2000 and a record low of -6.9% in Dec 2008.

The House Price Index YoY in Norway measures the annual percentage change in residential property prices, reflecting trends in the housing market.-2024-10-03