Norway House Prices Drop 1.1% in July

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.

House prices in Norway increased 0.4% month-on-month in June 2026, following a 0.1% gain in the previous month. Residential sales totaled 11,757 units, 2% fewer than in the same month last year, while 12,028 homes were listed for sale, up 4% from June 2025. The average time to sell a home was 40 days in June, down from 42 days in May, with homes selling fastest in Bergen and Stavanger at 13 and 16 days, respectively. Meanwhile, Fredrikstad/Sarpsborg recorded the longest selling time at 93 days. Regionally, Porsgrunn/Skien posted the strongest monthly house price growth at 2.6%, followed by Bodø and Fauske with a 1.8% increase. In contrast, Fredrikstad/Sarpsborg recorded the weakest performance, with prices falling 0.9%. On a yearly basis, house prices rose 3.9% in June, the highest increase since January. For the January–June period, prices were 5.5% higher than in the corresponding period a year earlier.

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.