House prices in Norway fell 1.1% month-on-month in July 2026, reversing a 0.3% increase in June and marking the steepest monthly decline since March 2020. Residential sales totaled 5,016 units, down 11.3% from a year earlier, while 3,677 homes were listed for sale, up 2.3% year-on-year. The average selling time increased to 62 days from 40 days in June, with homes selling fastest in Bergen (17 days) and slowest in Bodø w/Fauske (109 days). Regionally, Tromsø recorded the strongest monthly price growth at 0.5%, while Tønsberg w/Færder posted the sharpest decline at 2.6%. On an annual basis, house prices rose 2.2%, easing from 3.8% in June and marking the slowest annual increase since June 2024. For the January–July period, prices were 2.8% higher than in the corresponding period of 2025. source: Eiendom Norge/Real Estate Norway
House Price Index MoM in Norway decreased to -1.10 percent in July from 0.30 percent in June of 2026. House Price Index MoM in Norway averaged 0.46 percent from 2003 until 2026, 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 August of 2026.
House Price Index MoM in Norway decreased to -1.10 percent in July from 0.30 percent in June of 2026. House Price Index MoM in Norway is expected to be 0.40 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 2027 and 0.60 percent in 2028, according to our econometric models.