House prices in Norway rose 0.6% month-on-month in August 2025 from 0.2% in the previous month and marking its highest level since February 2025. The average price for a home stood at NOK 4,954,306 at the end of August. Regionally, the strongest price development was recorded in Stavanger (+14.8%), Tromsø (+12.2%), and Kristiansand and Hamar and Stange (+9.6%). It took an average of 49 days to sell a home in August from 63 days in the prior month with Bergen posting the quickest turnaround (18 days), while Fredrikstad/Sarpsborg had the slowest (87 days). On a yearly basis, home prices grew by 5.5%. source: Eiendom Norge/Real Estate Norway
House Price Index MoM in Norway increased to 0.60 percent in August from 0.20 percent in July of 2025. House Price Index MoM in Norway averaged 0.47 percent from 2003 until 2025, reaching an all time high of 2.40 percent in September of 2003 and a record low of -2.90 percent in October of 2008. This page includes a chart with historical data for Norway House Price Index MoM. Norway House Price Index MoM - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.
House Price Index MoM in Norway increased to 0.60 percent in August from 0.20 percent in July of 2025. House Price Index MoM in Norway is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway House Price Index MoM is projected to trend around 0.40 percent in 2026 and 0.30 percent in 2027, according to our econometric models.