Norway House Prices Up 0.1% MoM in May
2026-06-03 09:21
By
Nicole Aliyah
1 min. read
House prices in Norway rose by 0.1% month-on-month in May 2026, following a 0.6% gain in the previous month.
Residential sales totaled 10,702 units, 8.5% fewer than in the corresponding month of the previous year, while 14,438 homes were listed for sale, 9.7% more than last year.
The average time to sell a home was 42 days in May, slightly shorter than April's 49 days.
Homes sold fastest in the Stavanger region and in Bergen, with average selling periods of 13 and 14 days, respectively, while Fredrikstad/Sarpsborg recorded the longest selling time at 83 days.
Regionally, Ålesund and the surrounding area posted the strongest monthly price growth at 2.0%, followed by Fredrikstad/Sarpsborg at 1.3%.
In contrast, Tønsberg w/Færder registered the steepest decline, with prices falling 1.2%.
On a yearly basis, house prices increased 3.8% in May, unchanged from April.
For the January-May period, prices were 5.8% higher compared with the same period a year earlier.