Norway House Prices Rise 0.8% MoM in August

2026-09-03 09:56 By Erika Ordonez 1 min. read

House prices in Norway rose 0.8% month-on-month in August 2026, reversing a 1.0% decline in the previous month.

Residential sales totaled 9,594 units, 5% less than a year earlier, while 13,077 homes were listed for sale, down 5.4% year-on-year.

The average selling time decreased to 50 days from 62 days in July, with homes selling fastest in Bergen (16 days) and slowest in Fredrikstad/Sarpsborg (90 days).

Regionally, Tønsberg w/Færder recorded the strongest monthly price growth at 2.7%.

In contrast, Drammen and the surrounding area recorded the weakest price development, declining by 1.2%.

On an annual basis, house prices rose 2.6%, up from a two-year low of 2.2% in July.

For the January–August 2026 period, prices were 4.9% higher than in the corresponding period of 2025.



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Norway House Prices Rise 0.8% MoM in August
House prices in Norway rose 0.8% month-on-month in August 2026, reversing a 1.0% decline in the previous month. Residential sales totaled 9,594 units, 5% less than a year earlier, while 13,077 homes were listed for sale, down 5.4% year-on-year. The average selling time decreased to 50 days from 62 days in July, with homes selling fastest in Bergen (16 days) and slowest in Fredrikstad/Sarpsborg (90 days). Regionally, Tønsberg w/Færder recorded the strongest monthly price growth at 2.7%. In contrast, Drammen and the surrounding area recorded the weakest price development, declining by 1.2%. On an annual basis, house prices rose 2.6%, up from a two-year low of 2.2% in July. For the January–August 2026 period, prices were 4.9% higher than in the corresponding period of 2025.
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