Average House Prices in Norway increased to 4993572 NOK in September from 4954306 NOK in August 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 (QNON368BIS) from Q1 1993 to Q1 2025 about Norway, residential, housing, and price.

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.

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.

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.

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.

Key information about House Prices Growth

• Norway house prices grew 4.8% YoY in Dec 2024, following an increase of 3.3% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1993 to Dec 2024, with an average growth rate of 7.0%.
• House price data reached an all-time high of 21.2% in Mar 2000 and a record low of -6.9% in Dec 2008.

Housing Index in Norway decreased to 358.29 points in September from 360.54 points in August 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.

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.

Real residential property prices Y-on-Y, percent change in Norway, March, 2025 The most recent value is 3.54 percent as of Q1 2025, an increase compared to the previous value of 2.4 percent. Historically, the average for Norway from Q1 1993 to Q1 2025 is 4.26 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

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

House Price Index YoY in Norway remained unchanged at 5.50 percent in September. This dataset includes a chart with historical data for Norway House Price Index YoY.

Norway House Price Index: Stavanger: Detached Houses data was reported at 198.200 2005=100 in Dec 2016. This records an increase from the previous number of 188.700 2005=100 for Sep 2016. Norway House Price Index: Stavanger: Detached Houses data is updated quarterly, averaging 0.000 2005=100 from Mar 1992 (Median) to Dec 2016, with 100 observations. The data reached an all-time high of 216.800 2005=100 in Jun 2013 and a record low of 0.000 2005=100 in Dec 2004. Norway House Price Index: Stavanger: Detached Houses data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.EB006: House Price Index: 2005=100. Rebased from 2005=100 to 2015=100 Replacement series ID: 386601617

Key information about Norway Nominal Residential Property Price Index

• Norway Nominal Residential Property Price Index was reported at 190.781 2010=100 in Sep 2024.
• This records a decrease from the previous number of 193.135 2010=100 for Jun 2024.
• Norway Nominal Residential Property Price Index data is updated quarterly, averaging 37.136 2010=100 from Mar 1970 to Sep 2024, with 219 observations.
• The data reached an all-time high of 193.135 2010=100 in Jun 2024 and a record low of 4.653 2010=100 in Dec 1970.
• Norway Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

House prices in Oslo, Norway, fluctuated between 2018 and 2024. In March 2024, house prices increased for the second year in a row, by *** percent on an annual basis.

Key information about Norway Gold Production

• Norway Real Residential Property Price Index was reported at 131.278 2010=100 in Sep 2024.
• This records a decrease from the previous number of 133.063 2010=100 for Jun 2024.
• Norway Real Residential Property Price Index data is updated quarterly, averaging 54.659 2010=100 from Mar 1970 to Sep 2024, with 219 observations.
• The data reached an all-time high of 144.089 2010=100 in Jun 2022 and a record low of 28.752 2010=100 in Mar 1976.
• Norway Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

Key information about Norway Real Residential Property Price Index Growth

• Norway Real Residential Property Price Index Growth was reported at 0.452 % in Sep 2024.
• This records an increase from the previous number of -1.526 % for Jun 2024.
• Norway Real Residential Property Price Index Growth data is updated quarterly, averaging 4.974 % from Mar 1993 to Sep 2024, with 127 observations.
• The data reached an all-time high of 17.779 % in Mar 2000 and a record low of -10.106 % in Dec 2008.
• Norway Real Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly: YoY %.

This statistic shows the average property prices in Norway in 2016, by county. In 2016, the average price for a property in the Norwegian county Troms was ****** Norwegian krone per square meter.

Key information about Norway Nominal Residential Property Price Index Growth

• Norway Nominal Residential Property Price Index Growth was reported at 3.256 % in Sep 2024.
• This records an increase from the previous number of 1.512 % for Jun 2024.
• Norway Nominal Residential Property Price Index Growth data is updated quarterly, averaging 7.074 % from Mar 1993 to Sep 2024, with 127 observations.
• The data reached an all-time high of 21.184 % in Mar 2000 and a record low of -6.907 % in Dec 2008.
• Norway Nominal Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly: YoY %.

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