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.

Graph and download economic data for Residential Property Prices for Norway (QNON628BIS) from Q1 1970 to Q2 2025 about Norway, residential, HPI, housing, price index, indexes, and price.

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.

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.

Oslo was the Norwegian city with the most expensive apartments and houses in 2024. In March that year, the average price per residential property in the Norwegian capital was approximately *** million Norwegian kroner. The city above the polar circle, Tromsø ranked second, with housing units costing on average nearly *** million Norwegian kroner. In 2019, there were over nine thousand dwellings sold in Norway. Housing types The largest share of Norwegian residential housing units in 2023 were detached houses, accounting for nearly half of the total housing market in the country. Moreover, a quarter of all occupied and vacant dwellings that year were blocks of flats and over one fifth were houses with two dwellings or row houses. Where are properties the most expensive? Within selected global property markets, Hong Kong had the most expensive housing prices in 2020. An average property would cost roughly **** million U.S. dollars in the former British colony. Munich ranked second, where the average property price amounted to roughly *********** U.S dollars.

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.

House prices in Norway fell by *** percent and, according to the forecast, are expected to continue to fall until 2024. In 2023, properties were forecast to experience a decline in prices of ** percent. In 2025, growth is projected to recover, rising to **** percent.

Residential Property Prices in Norway increased 4.54 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Norway Residential Property Prices.

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.

Oslo was the Norwegian city with the highest average price per square meter for residential property in March 2024. The prices in the Norwegian capital reached over ****** Norwegian kroner per square meter. The country's average that year was around ****** Norwegian kroner.

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.

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.

New residential housing price in Oslo were on average *** percent of the national average price in Norway in 2018 and represented the largest difference in average transaction price of new residential properties in the country that year. The corresponding figure for Bergen was *** percent during the evaluated period.

Graph and download economic data for Harmonized Index of Consumer Prices: Actual Rentals for Housing for Norway (CP0410NOM086NEST) from Jan 1996 to Oct 2025 about Norway, rent, harmonized, CPI, housing, price index, indexes, and price.

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.

Real residential property prices Y-on-Y, percent change in Norway, June, 2025 The most recent value is 1.67 percent as of Q2 2025, a decline compared to the previous value of 3.54 percent. Historically, the average for Norway from Q1 1993 to Q2 2025 is 4.24 percent. The minimum of -10.11 percent was recorded in Q4 2008, while the maximum of 17.78 percent was reached in Q1 2000. | TheGlobalEconomy.com

Graph and download economic data for Consumer Price Index: Housing for Norway (NORCPIHOUMINMEI) from Jan 1979 to May 2018 about Norway, CPI, housing, price index, indexes, and price.

Monthly dataset of the Norway - Existing House Price Index, including historical data, latest releases, and long-term trends from 2015-09-30 to 2025-10-31. Available for free download in CSV format.

The house price to income ratio in Norway amounted to ****** points in the first quarter of 2025. This is lower than the observation from the first quarter one year earlier, when the ratio had been ****** points.

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