Europe · NOK · OECD
Norway Housing Market Data
House prices in Norway rose 3.8% in the year to Q1 2026, based on BIS data. After inflation, prices gained 0.5% over the same period. Rents changed +3.7% year on year. Over five years the nominal index is +19.9%.
Prices, year on year
+3.8%
Nominal, to Q1 2026
Prices after inflation
+0.5%
Real terms, year on year
Five-year change
+19.9%
Nominal index
Rents, year on year
+3.7%
Rent price index
Quarter on quarter
+3.4%
Most recent quarter
Ten-year change
+52.4%
Nominal index
Price-to-income
105.9
OECD index, 2015 = 100
Price-to-rent
121.0
OECD index, 2015 = 100
House price index since 2000
Indices rebased so the 2015 average equals 100. Source: BIS.
Recent quarters in Norway
| Quarter | Nominal index | Real index | Rent index |
|---|---|---|---|
| Q2 2026 | — | — | 131.4 |
| Q1 2026 | 156.7 | 111.5 | 130.3 |
| Q4 2025 | 151.5 | 109.1 | 129.1 |
| Q3 2025 | 153.2 | 110.6 | 127.9 |
| Q2 2025 | 154.4 | 112.3 | 126.6 |
| Q1 2025 | 150.9 | 110.9 | 125.6 |
| Q4 2024 | 143.0 | 106.1 | 124.7 |
| Q3 2024 | 145.9 | 109.0 | 123.5 |
| Q2 2024 | 147.7 | 110.5 | 122.4 |
| Q1 2024 | 141.7 | 107.1 | 120.9 |
| Q4 2023 | 136.4 | 103.7 | 119.5 |
| Q3 2023 | 141.3 | 108.5 | 118.3 |
Norway housing market questions
- Are house prices rising or falling in Norway?
- Nominal house prices in Norway changed +3.8% in the year to Q1 2026. In real terms, after consumer price inflation, the change was +0.5%.
- How much have house prices risen in Norway over five years?
- The nominal house price index for Norway is +19.9% compared with five years earlier, and +52.4% compared with ten years earlier.
- Where does this Norway housing data come from?
- Figures come from BIS Selected Residential Property Prices, Eurostat housing statistics, OECD Analytical House Price Indicators. Every index is rebased so 2015 = 100, which makes countries and sources directly comparable.
Sources and licensing
- Sources: National sources, BIS Residential Property Price database, https://www.bis.org/statistics/pp.htm Source page
- Source: Eurostat (prc_hpi_q, prc_hicp_midx, ilc_lvho07a) Source page
- Source: OECD Analytical House Price Indicators Source page
Read how we normalise and compare these series in our methodology, or browse all countries.
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